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The partial trial balance of Wildcat Corporation included the following accounts as of December 31, 2018: Debits Credits 6,500,000 43,000 10,000 174,000 290,000 Sales revenue
The partial trial balance of Wildcat Corporation included the following accounts as of December 31, 2018: Debits Credits 6,500,000 43,000 10,000 174,000 290,000 Sales revenue Interest revenue Loss on sale of investments Unrealized holding losses on investments Foreign currency translation adjustment Cost of goods sold Selling expenses Restructuring costs Interest expense General and administrative expenses 4,940,000 460,000 210,000 20,000 360,000 Wildcat had 100,000 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 single, continuous statement of comprehensive income for Wildcat Corporation. Use a multiple-step income statement format. (Amounts to be deducted should be indicated with a minus sign. Round EPS answer to 2 decimal places.) WILDCAT CORPORATION Statement of Comprehensive Income For the Year Ended December 31, 2018 Other comprehensive income: Total other comprehensive income Earnings per share
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