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On September 30, 20x6, Riches Inc. made three investments: 1,462 shares of Wendle Inc., 4,026 shares of Sam International, and 824 shares of Hinter Inc.
On September 30, 20x6, Riches Inc. made three investments: 1,462 shares of Wendle Inc., 4,026 shares of Sam International, and 824 shares of Hinter Inc. The shares of Wendle Inc. and Hinter Inc. are classified as FVTPL and the shares of Sam International are classified as FVTOCI. The market price per share is as follows: Wendle Inc. Sam International Hinter Inc. Sept. 30, 20x6 $12.1 $8.2 $7.9 Dec. 31, 20x6 $16.2 $5.8 $4.4 What amount would be reported as other comprehensive income for the year 20x6, assuming income before gains/losses on investments is $158,418 (show a loss as a "number - example: a loss of $100 would be written - 100)? 11
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