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The following information pertains to Junction Ltd Corporation: Income from continuing operations: $1,238,000 Loss from discontinued operations: $133,000 Gain on sale from discontinued operations:
The following information pertains to Junction Ltd Corporation: Income from continuing operations: $1,238,000 Loss from discontinued operations: $133,000 Gain on sale from discontinued operations: $27,900 Net foreign exchange gain (loss) on translation of foreign operation: $31,980 Net gain (loss) relating to cash flow hedges: $9,570 Actuarial losses on net defined-benefit plans: $23,100 Revaluation gains: $12,600 Required: Prepare a partial continuous statement of comprehensive Income for Junction Ltd. Calculate the tax for each required component (include income tax as a separate item for the components to which they relate using a tax rate of 20%). Income from continuing operations Other comprehensive income: Items that will not be reclassified: JUNCTION LTD Statement of Comprehensive Income Year ended 31 December 0 0
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