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For the fiscal year ended June 30, Year 1, Safety Toys Company reported after-tax income from continuing operations of $87,500,000 and income from discontinued operations of $5,650,000 (net of tax). There were no other items impacting the company's net earnings. Additionally, the company had a foreign currency translation gain of $1, 100,000 (net of tax) and an $800,000 loss (net of tax) from a current amendment impacting Safety's prior service cost associated with its pension plan's funded status. Given the above and assuming that a $55,000 loss from a fair value hedge was included in reported income from continuing operations, what is the company's comprehensive income for the fiscal year ended June 30, Year 1? A. $87,800,000 B. $91,300,000 C. $93,450,000 D. $94, 195,000
Sagot :
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