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Q3. Presented below is certain information pertaining to Ronaldinho Company. Assets, January 1 $240,000 Assets, December 31 230,000 Liabilities, January 1 150,000 Liabilities, Decemer 31

Q3. Presented below is certain information pertaining to Ronaldinho Company.
Assets, January 1 $240,000
Assets, December 31 230,000
Liabilities, January 1 150,000
Liabilities, Decemer 31 120,000
Common stock issued during the year 20,000
Dividends declared and paid during the year 10,000
There was no other changes in stockholders equity except comprehensive income during the year. Compute the amount of comprehensive income for the year.

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