(Solved): Exercise 2-11 Preparing comprehensive income statement (LO2-5, LO2-9) JDW Corporation reported the ...

Exercise 2-11 Preparing comprehensive income statement (LO2-5, LO2-9) JDW Corporation reported the following for $$20\times 1$$ : net sales $$\$2,929,500$$; cost of goods sold $$\$1,786,995$$; selling and administrative expenses \$585,900; unrealized holding loss on avallable-for-sale securities (considered other comprehensive income) $$\$22,000$$; a positive foreign currency transiation adjustment $$\$26,250$$ (considered other comprehensive income); and an unrealized loss from pension adjustment (considered other comprehensive income) $$\$7,000$$. JDW's tax rate was $$21\%$$. Ignore income taxes related to amounts in other comprehensive income. Required: Prepare a multiple-step income statement and a statement of comprehensive income using the two-statement format. Ignore earnings per share. Complete this question by entering your answers in the tabs below. Prepare a multiple-step income statement. Ignore earnings per share. (Round your final answers to nearest whole dollar.) Exercise 2-11 Preparing comprehensive income statement (LO2-5, LO2-9) JDW Corporation reported the following for 20X1: net sales $$\$2,929,500$$; cost of goods sold $$\$1,786,995$$; selling and adn expenses $$\$585,900$$; unrealized holding loss on available-for-sale securities (considered other comprehensive income) positive foreign currency translation adjustment $$\$26,250$$ (considered other comprehensive income); and an unrealized pension adjustment (considered other comprehensive income) $$\$7,000$$. JDW's tax rate was $$21\%$$. Ignore income taxes rela amounts in other comprehensive income. Required: Prepare a multiple-step income statement and a statement of comprehensive income using the two-statement format igi per share. Complete this question by entering your answers in the tabs below. Prepare a multiple-step Statement of comprehensive income. Ignore earnings per share.