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Calculate the comprehensive income for the Staffordshire Products Company given the information below. Positive amounts are unrealized gains and negative amounts are unrealized losses:
Calculate the comprehensive income for the Staffordshire Products Company given the information below. Positive amounts are unrealized gains and negative amounts are unrealized losses: Net Income Dividends Unrealized pension liability gain Unrealized foreign currency translation loss Realized gain discontinued operations $64,500 $5,600 $9,000 ($5,050) $3,200 Available-for-sale investments still held declined in value from $39,000 to $37,150 1. Calculate OCI 2. Calculate Total Comprehensive Income 3. The balance in Accumulated Other Comprehensive Income (AOCI) on the balance at the beginning of the year was ($56,870). What is the ending balance? 4. How would AOCI be reported in the financial statements?
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