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Make statement of comprehensive income for riverbed company

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Reference no: EM132705952

Riverbed Company Limited reported the following for 2020: sales revenue, $1.20 million; cost of goods sold, $750,000; selling and administrative expenses, $304,000; gain on disposal of building, $259,000; and unrealized gain-OCI (related to FV-OCI equity investments with gains/losses not recycled) $17,000. Assume investments are accounted for as FV-OCI investments, with gains/losses not recycled through net income.

Problem 1: Make a statement of comprehensive income. Ignore income tax and EPS.

Reference no: EM132705952

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