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The partial trial balance of Kroeger Inc. included the following accounts as of December 31, 2018: Debits Credits 8,200,000 60,000 120,000 140,000 Sales revenue Interest
The partial trial balance of Kroeger Inc. included the following accounts as of December 31, 2018: Debits Credits 8,200,000 60,000 120,000 140,000 Sales revenue Interest revenue Gain on sale of investments Unrealized gains on investments Foreign currency translation adjustment Cost of goods sold Selling expenses Goodwill impairment loss Interest expense General and administrative expenses 160,000 6,100,000 600,000 500,000 30,000 500,000 Kroeger had 300,000 shares of stock outstanding throughout the year. Income tax expense has not yet been accrued. The effective tax rate is 40% Required: Prepare a 2018 separate statement of comprehensive income for Kroeger Inc. (Amounts to be deducted should be indicated with a minus sign.) KROEGER INC. Statement of Comprehensive Income For the Year Ended December 31, 2018 Other comprehensive income (losses): Total other comprehensive loss
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