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  3. corporation x reported the following information f

Corporation X reported the following information for 2021: Sales revenue.... $1,530,000...

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Accounting

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Corporation X reported the following information for 2021: Sales revenue.... $1,530,000 Cost of goods sold. 1,050,000 Operating expenses.......... 165,000 Foreign currency translation gain.. 120,000 Cash dividends received on securities owned by the corporation.....6,000 Preferred dividends paid to stockholders........... 25,000 Tax rate of 20% I For 2021, Corporation X would report comprehensive income of

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