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Koby Company reported the following information for 2020: Sales revenue $3,000,000 Cost of goods sold 1,750,000 Operating expenses 275,000 Unrealized holding gain on available-for-sale securities
Koby Company reported the following information for 2020: Sales revenue $3,000,000 Cost of goods sold 1,750,000 Operating expenses 275,000 Unrealized holding gain on available-for-sale securities 85,000 Cash dividends received on the securities 10,000 For 2020, Koby would report comprehensive income of Select one: a. $1,050,000 b. $1,060,000 c. $975,000 d. $1,070,000
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