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What amount should Gerogi Company report

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Reference no: EM132861770

Question - Gerogi Company had the following balances for income from continuing operations and pretax gains and losses on December 31:

Income from continuing operations $540,000

Unrealized loss on trading security (92,000)

Unrealized gain on available-for-sale debt security 30,000

Unrealized loss on pension adjustment (110,000)

Gain on disposal of discontinued operations 240,000

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

Reference no: EM132861770

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