Question: Wildhorse Corporation reported the following for 2017: net sales $1,227,100, cost of goods sold $725,600, selling and administrative expenses $330,700, and an unrealized holding gain on available-for-sale securities $22,000
Prepare a statement of comprehensive income using one statement format. (Ignore income taxes and earnings per share.)
Prepare a statement of comprehensive income, using the two statement format. (Ignore income taxes and earnings per share.)