Ling Company reports the following information for the year ended December 31, 2014: sales revenue $1,000,000, cost of goods sold...
craewilogams20y1Ling Company reports the following information for the year ended December 31, 2014: sales revenue $1,000,000, cost of goods sold $700,000, operating expenses $200,000, and an unrealized gain on non-trading securities of $75,000. Prepare a statement of comprehensive income using the one-statement approach.
| LING COMPANY Statement of Comprehensive Income For the Year Ended December 31, 2014 | ||||||||||||||
 | $ | | | | | |||||||||
| | $ | ||||||||||||
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