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Current Attempt in Progress On January 1, 2025, Coronado Inc. had cash and common stock of $60,530. At that date, the company had no
Current Attempt in Progress On January 1, 2025, Coronado Inc. had cash and common stock of $60,530. At that date, the company had no other asset, liability, or stockholders' equity balances. On January 2, 2025, it purchased for cash $20,760 of debt securities that it classified as available-for- sale. It received interest of $4,100 during the year on these securities. In addition, it has an unrealized holding gain on these securities of $5,190 net of tax. Determine the following amounts for 2025: (a) net income, (b) comprehensive income, (c) other comprehensive income, and (d) accumulated other comprehensive income (end of 2025). (a) Net income (b) Comprehensive income (c) Other comprehensive income FO (d) Accumulated other comprehensive income $ eTextbook and Media
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