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On January 1, 2025, Richards inc had cash and common stock of $60,000. At that date, the company had no other asset, liability, or stockholders'

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On January 1, 2025, Richards inc had cash and common stock of $60,000. At that date, the company had no other asset, liability, or stockholders' equity balances, On January 2, 2025, it purchased for cash $20,000 of debt securities that it classified as available-for * sale. It received interest of $3,000 during the year on these securities. In addition, it has an unrealized holding gain on these securities of $4,000 net of tax. Determine the following amounts for 2025 : (a) net income, (b) comprehensive income, (c) other comprehensive income, and (d) accumulated other comprehensive income (end of 2025). (a) Netincome (b) Comprehensive income (c) Other comprehensive income (d) Accumulated other comprehensive income Current Attempt in Progress The following information relates to the Jimmy Johnson Company. Use the dollar-yalue LIFO method to compute the ending inventory for Johnson Company for 2021 through 2025 . Ending Inventory

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