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Sheridan Corporation reported the following for 2020: net sales $1,244,400, cost of goods sold $727,400, selling and administrative expenses $329,900, and an unrealized holding gain
Sheridan Corporation reported the following for 2020: net sales $1,244,400, cost of goods sold $727,400, selling and administrative expenses $329,900, and an unrealized holding gain on available-for-sale debt securities $21,000.
Prepare a statement of comprehensive income, using the two statement format. (Ignore income taxes and earnings per share.)
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