Boey Company reported net income of $25,000 in 2018. It had the following amounts related to its
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Boey Company reported net income of $25,000 in 2018. It had the following amounts related to its pension plan in 2018: Actuarial liability gain $10,000; Unexpected asset loss $14,000; Accumulated other comprehensive income
(G/L) (beginning balance), zero. Determine for 2018
(a) Boey’s other comprehensive income, and
(b) comprehensive income.
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