This information was taken from the books of XYZ Co. for 2020: Sales                                                                   9,500,000 Interest Expense                                                     350,000 Loss on sale of equipment                                      100,000 Revaluation surplus during 2020                              50,000 Cost f goods sold                                                   6,000,000 Bank service charges                                                  150,000 Selling Expenses                                                          500,000 Administrative expenses                                              300,000 Translation gain on foreign operation                          100,000 Income Tax Expense                                                      850,000 Unrecorded 2019 interest on notes payable                 100,000 Over-depreciation during 2019                                        75,000   How much is the total comprehensive income of XYZ for 2020?

FINANCIAL ACCOUNTING
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ISBN:9781259964947
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Chapter1: Financial Statements And Business Decisions
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This information was taken from the books of XYZ Co. for 2020:

Sales                                                                   9,500,000

Interest Expense                                                     350,000

Loss on sale of equipment                                      100,000

Revaluation surplus during 2020                              50,000

Cost f goods sold                                                   6,000,000

Bank service charges                                                  150,000

Selling Expenses                                                          500,000

Administrative expenses                                              300,000

Translation gain on foreign operation                          100,000

Income Tax Expense                                                      850,000

Unrecorded 2019 interest on notes payable                 100,000

Over-depreciation during 2019                                        75,000

 

How much is the total comprehensive income of XYZ for 2020?   

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