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Question 6 Ivanhoe Company reported the following information for 2020: Sales revenue $2520000 Cost of goods sold 1742000 Operating expenses 272000 Unrealized holding gain on
Question 6
Ivanhoe Company reported the following information for 2020:
Sales revenue $2520000
Cost of goods sold 1742000
Operating expenses 272000
Unrealized holding gain on available-for-sale securities 84900
Cash dividends received on the securities 10200
For 2020, Ivanhoe would report comprehensive income of
$516200.
$84900.
$601100.
$590900.
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