The Barrington Company sells clothing and furniture. On September 30,2024, the company decided to sell...
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The Barrington Company sells clothing and furniture. On September the company decided to sell the entire furniture business for $ million. The sale was completed on December Income statement information for is provided below for the two components of the company. 'For the furniture component, the entire Other income loss amount represents the loss on sale of assets of the component for $ million when their book value was $ million. A tax rate applies to all items of income or loss. In addition, in the company had a pretax net unrealized gain on debt securities of $ million and a positive foreign currency translation adjustment of $ million. Requlred: Prepare a single, continuous statement of comprehensive income for the Barrington Company including EPS disclosures. There were million shares of common stock outstanding throughout The company had no potentially dilutive securities outstanding or stock options that could cause additional common shares. Use the multiplestep approach for the income statement portion of the statement. Prepare a separate statement of comprehensive income. 
The Barrington Company sells clothing and furniture. On September the company decided to sell the entire furniture business for $ million. The sale was completed on December Income statement information for is provided below for the two components of the company.
'For the furniture component, the entire Other income loss amount represents the loss on sale of assets of the component for $ million when their book value was $ million.
A tax rate applies to all items of income or loss.
In addition, in the company had a pretax net unrealized gain on debt securities of $ million and a positive foreign currency translation adjustment of $ million.
Requlred:
Prepare a single, continuous statement of comprehensive income for the Barrington Company including EPS disclosures. There were million shares of common stock outstanding throughout The company had no potentially dilutive securities outstanding or stock options that could cause additional common shares. Use the multiplestep approach for the income statement portion of the statement.
Prepare a separate statement of comprehensive income.
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