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Ortiz Co. reports the following information for 2019: sales revenue $700,000, cost of goods sold $500,000, operating expenses $80,000, and an unrealized holding gain on
Ortiz Co. reports the following information for 2019: sales revenue $700,000, cost of goods sold $500,000, operating expenses $80,000, and an unrealized holding gain on available-for-sale securities for 2019 of $60,000. It declared and paid a cash dividend of $10,000.
Instructions: compute the comprehensive income for the year ended 31\12\2019.
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