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Vaughn Corporation reported the following for 2020: net sales $1,223,000, cost of goods sold $735,900, selling and administrative expenses $325,100, and an unrealized holding gain
Vaughn Corporation reported the following for 2020: net sales $1,223,000, cost of goods sold $735,900, selling and administrative expenses $325,100, and an unrealized holding gain on available-for-sale debt securities $18,200. (a) Your Answer Correct Answer - Your answer is partially correct. Prepare a statement of comprehensive income using the one statement format. (Ignore income taxes and earnings per share.) VAUGHN CORPORATION Statement of Comprehensive Income For the Year Ended December 31, 2020 V Net Sales $ 1223000 Other Comprehensive Income Unrealized Holding Gain 18200 Comprehensive Income V Net Sales Cost of Goods Sold lol Selling and Administrative Expenses $ Net Income /(Loss) Save for Later Attempts: unlimited Submit Answer Question Part Score 0.05/0.27 (b) The parts of this question must be completed in order. This part will be available when you complete the part above. Question Part Score --/0.28
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