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The following information pertains to Junction Ltd Corporation: Income from continuing operations: $1,293,000 Loss from discontinued operations: $144,000 Gain on sale from discontinued operations: $33,400
The following information pertains to Junction Ltd Corporation: Income from continuing operations: $1,293,000 Loss from discontinued operations: $144,000 Gain on sale from discontinued operations: $33,400 1 D 6 Net foreign exchange gain (loss) on translation of foreign operation: $34,180 Net gain (loss) relating to cash flow hedges: $10,670 Actuarial losses on net defined-benefit plans: $25,300 Revaluation gains: $14,800 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 30%). Income from continuing operations Other comprehensive income: JUNCTION LTD Statement of Comprehensive Income Year ended 31 December 0
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