eBook Print Videos Question 5 Partially correct Mark 0.38 out of 0.50 P Flag question Preparing a Statement of Comprehensive Income Sanders Inc. reported net income of $1,100,000 for the year ended December 31, 2020. The company had a pretax unrealized holding gain on debt securities of $28,000 and a pretax loss on foreign currency translation adjustment of $80,000. The company's tax rate is 25%. Prepare a separate statement of comprehensive income beginning with net income. Use a negative sign to indicate a loss. Sanders Inc. Statement of Comprehensive Income For the Year Ended December 31, 2020 Net Income Unrealized holding gain on debt security investment, net of tax Loss on foreign currency translation adjustment, net of tax savings Comprehensive income $ 1,100,000 21,000 (18,000) x 1,061,000 $ Check Partially correct Marks for this submission: 0.38/0.50. Type here to search . O