| AE4 14 |
 |
(Comprehensive Income)
Armstrong Corporation reported the following for 2012: net sales $1,201,300; cost of goods sold $777,800; selling and administrative expenses $339,500; and an unrealized holding gain on available for sale securities $24,200.
Prepare a statement of comprehensive income, using the two income statement format. Ignore income taxes and earnings per share.(Enter all amounts as positive amounts and subtract where necessary.)
| ARMSTRONG CORPORATION | |
| Income Statement and Statement of Comprehensive Income | |
|
For the Year Ended December 31, 2012 |
|
| Selling and administrative expensesCost of goods soldSales |
$ |
| Selling and administrative expensesCost of goods soldSales |
|
| Gross Profit | |
| Selling and administrative expensesSalesCost of goods sold |
|
| Net income |
$ |
| Net income | $ |
| Unrealized holding gain |
|
| Comprehensive income |
$ |