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The Massoud Consulting Group reported net income of $ 1 , 3 6 2 , 0 0 0 for its fiscal year ended December 3

The Massoud Consulting Group reported net income of $1,362,000 for its fiscal year ended December 31,2024. In addition, during the year the company experienced a positive foreign currency translation adjustment of $280,000 and an unrealized loss on debt securities of $55,000. The company's effective tax rate on all items affecting comprehensive income is 25%. Each component of other comprehensive income is displayed net of tax.
Required:
Prepare a separate statement of comprehensive income for 2024.
Note: Amounts to be deducted should be indicated with a minus sign.
\table[[THE MASSOUD CONSULTING GROUP],[Statement of Comprehensive Income,],[Fot the Year Ended December 31,2024,,],[Other comprehensive income, net of tax,,],[Foreign currency translation adjustment,,],[Loss on debt securities,,],[Total other comprehensive income,,],[Comprehensive income,,$
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