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Armstrong Corporation reported the following for 2012: net sales $1,264,400; cost of goods sold $755,200; selling and administrative expenses $325,600; and an unrealized holding loss
Armstrong Corporation reported the following for 2012: net sales $1,264,400; cost of goods sold $755,200; selling and administrative expenses $325,600; and an unrealized holding loss on available-for-sale securities $24,500. Prepare a statement of comprehensive income, using the two-income statement format. Ignore income taxes and earnings per share.
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