E. Debit Accounts Receivable $112,700; credit Sales S112,700 17. Chili Co. had the following balances at December 31: Foreign currency translation loss Gain on exchange of non-monetary asset Net income Loss on discontinued operations S (150,000) 45,000 610,000 (75,000) The company's effective tax rate is 40%. What amount should ChiliCo. report as comprehensive income for the year ended December 31? A. $520,000 B. S610,000 C. $460,000 D. $550,000