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please answer all parts and 1 A B C D E F 1 P14-9 Prepare a statement of comprehensive income G H I 3. The

please answer all parts and 1
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A B C D E F 1 P14-9 Prepare a statement of comprehensive income G H I 3. The ledger of Jaime Corporation at December 31, 2017, contains the following summary data. 5 Net sales 6 Selling expenses 7 Other revenues and gai $1,700,000 120,000 20,000 Cost of goods sold Administrative expenses Other expenses and losses $1,100,000 150,000 8 9 Your analysis reveals the following additional information that is not included in the above data. 10 1. The entire Puzzles Division was discontinued on August 31. The income from operations for 11 this division before income taxes was $20,000. The Puzzles Division was sold at a loss of 12 $90,000 before income taxes. 13 2. The company had an unrealized gain on available-for-sale securities of $120,000 before 14 income taxes for the year. 15 3. The income tax rate on all items is 25%. 16 17 Instructions 18 Prepare a statement of comprehensive income for the year ended December 31, 2017 19 NOTE: Enter a number in cells requesting a value; enter either a number or a formula in cells with a JAIME CORPORATION Statement of Comprehensive Income For the Year Ended December 31, 2017 Value Value Value Net sales Cost of goods sold Gross Profit Selling and administrative expenses Income from operations Other revenues and gains Other expenses and losses E14-1 E14-2 P14-3 P14-9 Value Value Ready Type here to search E xcel TemplateAssignment Ch14 (1) Formulas Data Review View Excel S earch HelpDYMO Label QuickBooks Insert AutoSave OD File Home . Page Layout fi 19 D JAIME CORPORATION Statement of Comprehensive Income For the Year Ended December 31, 2017 Cow Value Value Value Value Value Net sales Cost of goods sold Gross Profit Selling and administrative expenses Income from operations Other revenues and gains Other expenses and losses Income before income taxes Income tax expense Income from continuing operations Discontinued operations Income from operations of discontinued division, net of $5,000 income taxes Loss from disposal of discontinued division, net of $22,500 tax savings Net income Unrealized gain on available for sale securities, net of $30,000 income tax income taxes Comprehensive income ? ? 50 51 1 Assume that the Puzzles Division loss from sale of the division changed to $75,000 and the unrealized gain on available for sale securities also changed to $100,000. Show the impact of these changes on the statement of comprehensive income. 52 53 614- 1 14-2 P14-3 P14-9 Ready Type here to search HI ' W @elem

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