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The Massoud Consulting Group reported net income of $ 1 , 3 8 8 , 0 0 0 for its fiscal year ended December 3

The Massoud Consulting Group reported net income of $1,388,000 for its fiscal year ended December 31,2024. In addition, during the year the company experienced a positive foreign currency translation adjustment of $410,000 and an unrealized loss on debt securities of $60,000. The company's effective tax rate on all items affecting comprehensive income is 25%. Each component of other comprehensive income is displayed net of tax.
Required:
Prepare a separate statement of comprehensive income for 2024.
Note: Amounts to be deducted should be indicated with a minus sign.
Answer is complete but not entirely correct.
\table[[,THE MASSOUD CONSULTING GROUP],[,Statement of Comprehensive Income],[,For the Year Ended December 31,2024],[Net income,,,,$,1,388,000
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