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The following information is available for Pluto Company for the year 2022: Comprehensive income $50,000 Foreign currency translation adjustment 12,500 Net unrealized gain (loss) on
The following information is available for Pluto Company for the year 2022:
Comprehensive income
$50,000
Foreign currency translation adjustment
12,500
Net unrealized gain (loss) on fair value
through other comprehensive income financial assets 4,000
Dividends paid
7,000
Given this information, what is Pluto's net income for 2022?
A. $37,500
B. $26,500
C. $40,500
D. $33,500
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