(Solution) - Comprehensive Income Armstrong Corporation reported the followin -(2025 Original AI-Free Solution)

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Comprehensive Income Armstrong Corporation reported the following for 2010: net sales $1,200,000 cost of goods sold $720,000: selling and administrative expenses $320,000: and an unrealized holding gain on non-trading equity securities $15,000.
Instruction
Prepare a statement of comprehensive income, using the two-statement format. Ignore income taxes and earnings per share.