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Comprehensive income includes which of the following? O Net income O Interest revenue O Gain on sale of a fixed asset O All of the

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Comprehensive income includes which of the following? O Net income O Interest revenue O Gain on sale of a fixed asset O All of the above are included in comprehensive income. On 01/01/2018, Palant Company bought 180,000 of the 600,000 outstanding shares of Jacob, Inc., paying $720,000. Palant properly classified this investment as available-for-sale. Palant received a check for $450,000 from Jacob as a cash dividend for 2018, and Jacob reported a total net income for 2018 of $1,600,000. The year-end valuation of Jacob stock on 12/31/2018 was $4.50. What is the value of the investment in Jacob on Palant's balance sheet at 12/31/2018? $810,000 $750,000 $720,000 $690,000

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