$($b$)$

Your answer is partially correct.

Prepare a statement of comprehensive income for $2026,$ starting with net income.

STEFFI GRAF, INC

Statement of Comprehensive Income

For the Year Ended December $31,2026$

$$et income

Other Comprehensive Income

Unrealized Holding Gains

$

Add

Reclassification Adjustment for Loss Included in Net Income

Comprehensive Income

Accumulated Other Comprehensive Income

Beginning Balance, January $1,2026$

Amount Reclassified from Accumulated Other Comprehensive Income

$

Current Period Other Comprehensive Income

Unrealized Holding Gains

Ending Balance, December $31,2026$

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