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An entity reported the following information for 2020; Sales revenue: $550,000, Cost of goods sold: 360,000, Operating expenses: 60,000, Unrealized holding gain on FVoci securities:
An entity reported the following information for 2020; Sales revenue: $550,000, Cost of goods sold: 360,000, Operating expenses: 60,000, Unrealized holding gain on FVoci securities: 35,000, Interest received on the securities:3,000. For 2020, ignoring tax effect, the entley would report other comprehensive income of a $ 32.000 b. 5133,000 c. $130,000 d. $ 35,000
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