Determine other comprehensive income

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Question - The following information relates to Oriole Co. for the year ended December 31, 2020: net income $1,367 million; unrealized holding loss of $10.2 million related to available-for-sale debt securities during the year; accumulated other comprehensive income of $55.4 million on December 31, 2019. Assuming no other changes in accumulated other comprehensive income.

Required - Determine (a) other comprehensive income for 2020, (b) comprehensive income for 2020, and (c) accumulated other comprehensive income at December 31, 2020.

Reference no: EM132676977

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