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What amount should Bandana Company report

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Question - Bandana Company had the following balances for net income and pretax gains and losses on December 31:

Net income $39,000

Loss on discontinued operations (11,000)

Unrealized gain on trading security 20,000

Foreign currency translation gain 15,000

The company's effective tax rate is 40%. What amount should Bandana Company report as comprehensive income for the year ended December 31?

a. $32,400

b. $48,000

c. $44,400

d. $53,400

Reference no: EM132567300

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