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On January 1,2025, Concord Inc. had cash and common stock of $62,150. At that date, the company had no other asset, liability, or stockholders' equity

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On January 1,2025, Concord Inc. had cash and common stock of \$62,150. At that date, the company had no other asset, liability, or stockholders' equity balances. On January 2, 2025, it purchased for cash $23,270 of debt securities that it classified as available-forsale ft received interest of $4,430 during the year on these securities. In addition, it has an unrealized holding gain on these securities of $5,000 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

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