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The trial balance for Blue Bell Company for the year ended December 31, 2019 included the following accounts: Sales revenue = $320,000 Cost of goods

The trial balance for Blue Bell Company for the year ended December 31, 2019 included the following accounts:

Sales revenue = $320,000

Cost of goods sold = $195,000

Selling and administrative expenses = $110,000

Interest income = $88,000

Other expenses = $70,000

Gain on derivatives = $43,650

Gain on investment securities = $26,700

  • The gains on derivatives and investment securities are unrealized and classified as other comprehensive income
  • Each component of other comprehensive income should be calculated net of tax
  • Blue Bell's income tax rate on all items is 30%

Required Task

  • Calculate the following amounts for the company's 2019 statement of comprehensive income (round all answers to the nearest dollar amount):

1. Operating income =

2. Gain on investment securities =

3. Comprehensive income =

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