Atlantis Company reported the following amounts in 2020: net income, $150,000; unrealized gain related to revaluation of

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Atlantis Company reported the following amounts in 2020: net income, $150,000; unrealized gain related to revaluation of buildings, $10,000; and unrealized loss on non-trading securities, $(35,000). Determine Atlantis’s total comprehensive income for 2020.

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Accounting Principles

ISBN: 978-1119419617

IFRS global edition

Authors: Paul D Kimmel, Donald E Kieso Jerry J Weygandt

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