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Information for 2020 follows for Swifty Corp.: Retained earnings, January 1, 2020 Sales revenue Cost of goods sold Interest i| Other Comprehensive Income Items that will not be reclassified subsequently to net income or loss: Unrealized Gain on FV-OCplease help me to make corrections. thanks

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Answer #1
Swity Corporation
Income statement
For the Year Ended Dec 31, 2020
Revenues
Sales revenue $     35,100,000
Cost of goods sold $     27,408,000
Gross profit $    7,692,000
Selling and administrative expenses $    4,720,000
Income from operations $    2,972,000
Other Revenues (expenses)
Interest revenue $           173,000
Gain on disposal of FV-NI investments $             91,000
Loss on impairement $        (492,000) $     (228,000)
Income from continuing operation before income tax $    2,744,000
Income tax $       564,000
Additional income tax $       535,000
Income from continuing operations $    1,645,000
Discontinued operations
Loss from operations on discontinued operations (net of tax) $        (161,000)
Loss on disposal of discontinued operations (net of tax) $        (259,000) $     (420,000)
Income before extraordinary items $    1,225,000
Extraordinary item
Major Loss: uninsured flood loss $     (416,000)
Net income $       809,000
Other comprehensive income
Unrealized holding gain, FV-OCI, net of tax (375000-(375000*20%)) $       300,000
Comprehensive income $    1,109,000
Per share of common stock:
Income from continuing operations ((1645000-54000)/500000) $              3.18
Loss on discontinued operations (-420000/500000) $            (0.84)
Extraordinary item: uninsured flood loss (-416000/500000) $            (0.83)
Net income ((809000-54000)/500000) $              1.51
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