Sandhill Co. reported the following information for 2020: Sales revenue $2520000 Cost of goods sold 1748000 Operating expenses 282000 Unrealized holding gain on available-for-sale securities 85700 Cash dividends received on the securities 9200 For 2020, Sandhill would report comprehensive income of A.$85700. B.$499200. C.$575700. D.$584900.

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter21: The Statement Of Cash Flows
Section: Chapter Questions
Problem 14GI: Dunn Company recognized a 5,000 unrealized holding gain on investment in Starbuckss long-term bonds...
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Sandhill Co. reported the following information for 2020:

Sales revenue $2520000
Cost of goods sold 1748000
Operating expenses 282000
Unrealized holding gain on available-for-sale securities 85700
Cash dividends received on the securities 9200


For 2020, Sandhill would report comprehensive income of

A.$85700.
B.$499200.
C.$575700.
D.$584900.
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