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For the fiscal year ending December 31, 2017, Blossom Led. reported net sales of $7,210,000 and cost of goods sold of5,790,000. The company had selling and administrative expenses of $440,000. During the year, the company sold some equipment for ain of $24,600, and had unrealized holding gains on investments designated as gains/losses through other comprehensive income (OCI) of $4,800 Prepare a combined statement of comprehensive income. Ignore taxes and earnings per share (EPS) Income

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Comprehensive Income is change in owner's equity.It includes net income or loss and unrealized gain or loss on financial instrument and foreign currency transaction gain or loss.

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