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Wagner Inc. has service revenue of $3,600,000, operating expenses of $2,160,000, and an unrealized holding loss of $180,000 on debt security investments for the year
Wagner Inc. has service revenue of $3,600,000, operating expenses of $2,160,000, and an unrealized holding loss of $180,000 on debt security investments for the year ended December 31, 2020. Its income tax rate is 25%. Required a. Prepare a single continuous statement of comprehensive income, Ignore earnings per share disclosures. Do not use negative signs with any of your answers. Wagner Inc. Statement of Comprehensive Income For the Year Ended December 31, 2020 Hloddns 0 0 0 0 D 0 a $ 0 b. Prepare two separate statements of income and comprehensive income. Ignore earnings per share disclosures Do not use negative signs with any of your answers. Wagner Inc. Income Statement For the Year Ended December 31, 2020 $ GOOOO o Wagner Inc : $ b. Prepare two separate statements of income and comprehensive income. Ignore earnings per share disclosures . Do not use negative signs with any of your answers. Wagner Inc. Income Statement For the Year Ended December 31, 2020 . $ 0 OOOO Wagner Inc. Statement of Comprehensive Income For the Year Ended December 31, 2020 $ 0 0 0 s Check
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