Answer:
$23,058
Step-by-step explanation:
For calculation of Other comprehensive income first we will find out the total amortized premiums which is shown below:-
Total amortized premiums = 3,186 + 3,294
= $6,480
Other comprehensive income = Fair value on December 31, 2022 - (Selling price of bonds - Total amortized premiums)
= $954,000 - ($937,422 - $6,480)
= $954,000 - $930,942
= $23,058
We simply applied the above formula.