Assume the same information as E17-9B and that Zorro Foods Corp. reports net income in 2014 of $689,600 and in 2015 of $235,000. Total unrealized holding gains (including any realized holding gain or loss) arising during 2015 totals $26,600.

In E17-9B, At December 31, 2014, the available-for-sale equity portfolio for Zorro Foods Corp. is as follows.

December 31, 2013, securities fair value adjustment balance—Dr. 5,400
On January 20, 2015, Zorro sold Apple for $31,100. The sale proceeds are net of brokerage fees.

Instructions
(a) Prepare a statement of comprehensive income for 2014 starting with net income.
(b) Prepare a statement of comprehensive income for 2015 starting with netincome.

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Security Apple Banana Crisp Total Cost $33,600 175,000 59,400 $268,000 Fair Value $31,000 174,000 68,500 000 $273,5