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32 What amount should King report as comprehensive income for the year ended December 31? King's Co.'s financial statements had the following balances at December
32 What amount should King report as comprehensive income for the year ended December 31? King's Co.'s financial statements had the following balances at December 31: Infrequently occurring gain $ 50,000 Foreign currency translation gain 100,000 Net income 400,000 Unrealized holding gain on available-for-sale debt securities 20,000 A. $400,000 B. $420,000 C. $520,000 D. $570,000
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