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Kingbird Corporation reported the following for 2025 ; net sales $6,159,000; cost of goods sold $3,652,500; selling and administrative expenses $1,654,000; and an unrealized holding
Kingbird Corporation reported the following for 2025 ; net sales $6,159,000; cost of goods sold $3,652,500; selling and administrative expenses $1,654,000; and an unrealized holding gain on avaliable-for-sale securities $87,000. Prepare a statement of comprehensive income, using the two statement format. (Ignore income taxes and earnings per share.) Prepare a statement of comprehensive income using the one statement format. (Ignore income taxes and earnings per share.)
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