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 |
- $86,500
- $89,000
- $89,500
- $90,500