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undefined [6] Rock Co.'s financial statements had the following balances at December 31: Infrequently occurring gain $ 50,000 Foreign currency translation gain 100,000 Net income
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[6] Rock Co.'s financial statements had the following balances at December 31: Infrequently occurring gain $ 50,000 Foreign currency translation gain 100,000 Net income 400,000 Unrealized gain on available-for-sale debt securities 20,000 What amount should Rock report as comprehensive income for the year ended December 31? A. $400,000 B. $420,000 C. $520,000 D. $570,000Step by Step Solution
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