The following information relates to Stellar Co. for the year ended December 31,2025 : net income \( \$ 1,138.00 \) million; unrealized holding loss of \( \$ 10.30 \) million related to available-for-sale debt securities during the year; accumulated other comprehensive income of \( \$ 52.10 \) million on December 31, 2024. Assuming no other changes in accumulated other comprehensive income. Determine (a) other comprehensive income for 2025, (b) comprehensive income for 2025, and (c) accumulated other comprehensive income at December 31, 2025. (Enter answers in millions to 2 decimal places, e.g. 25.25. Enter loss using either a negative sign preceding the number e.g. -45.2 or parentheses e.g. (45.2).) (a) Other comprehensive income (loss) for 2025 (b) Comprehensive income for 2025 (c) Accumulated other comprehensive income million
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To answer your questions regarding Stellar Co.'s financials for the year ended December 31, 2025, we can perform the following calculations: (a) Other comprehensive income (loss) for 2025: The unrealized holding loss of \( \$ 10.30 \) million related to available-for-sale debt securities is the only component affecting the other comprehensive income. Therefore, the other comprehensive income (loss) for 2025 is: \[ \text{Other Comprehensive Income} = -\$ 10.30 \text{ million} \] (b) Comprehensive income for 2025: Comprehensive income combines net income and other comprehensive income. Thus, to find the comprehensive income: \[ \text{Comprehensive Income} = \text{Net Income} + \text{Other Comprehensive Income} \] \[ \text{Comprehensive Income} = \$ 1,138.00 \text{ million} + (-\$ 10.30 \text{ million}) = \$ 1,127.70 \text{ million} \] (c) Accumulated other comprehensive income at December 31, 2025: To compute this, we take the accumulated other comprehensive income as of December 31, 2024, and add the other comprehensive income (loss) for 2025: \[ \text{Accumulated Other Comprehensive Income} = \text{Accumulated Other Comprehensive Income (2024)} + \text{Other Comprehensive Income (2025)} \] \[ \text{Accumulated Other Comprehensive Income} = \$ 52.10 \text{ million} + (-\$ 10.30 \text{ million}) = \$ 41.80 \text{ million} \] Thus, the answers are: (a) Other comprehensive income (loss) for 2025: \(-10.30\) (b) Comprehensive income for 2025: \(1,127.70\) (c) Accumulated other comprehensive income at December 31, 2025: \(41.80\)