The Massoud Consulting Group reported net income of ( $ 1,376,000 ) for its fiscal year ended December 31,2024 . In addition, during the year the company experienced a positive foreign currency translation adjustment of ( $ 350,000 ) and an unrealized loss on debt securities of ( $ 90,000 ). The company's effective tax rate on all items a solutionspile.com

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The Massoud Consulting Group reported net income of  (  $ 1,376,000  ) for its fiscal year ended December 31,2024 . In addition, during the year the company experienced a positive foreign currency translation adjustment of  (  $ 350,000  ) and an unrealized loss on debt securities of  (  $ 90,000  ). The company's effective tax rate on all items affecting comprehensive income is  ( 25  %  ). Each component of other comprehensive income is displayed net of tax. Required: Prepare a separate statement of comprehensive income for 2024 Note: Amounts to be deducted should be indicated with a minus sign. solutionspile.com

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