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what amount of comprehensive income should searles corporation report on its stateme 603436

What amount of comprehensive income should Searles Corporation report on its statement of income and comprehensive income given the following net of tax figures that represent changes during a period?

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Minimum pension liability

$ (3,000)

Unrealized gain on available-for-sale securities

15,000

Reclassification adjustment, for securities gain included in net income

(2,500)

Stock warrants outstanding

4,000

Net income

77,000

  1. $86,500
  2. $89,000
  3. $89,500
  4. $90,500

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