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During year 1, the other revenues and gains section of Flam Company's Statement of Earnings and Comprehensive Income contains $5,000 in interest revenue, $15,000 equity
During year 1, the "other revenues and gains" section of Flam Company's Statement of Earnings and Comprehensive Income contains $5,000 in interest revenue, $15,000 equity in Flip Co. earnings, and $25,000 gain on sale of available-for-sale securities. Assuming the sale of the securities increased the current portion of income tax expense by $10,000, determine the amount of Flam's reclassification adjustment to other comprehensive income
2500
15000
5000
35000
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