Comprehensive income Anson Industries, Inc., reported the following information on its 20Y1 income statement:

Sales. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $4,000,000 Cost of goods sold. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,300,000 Operating expenses. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,000,000 Income tax expense. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 280,000 Other comprehensive income . . . . . . . . . . . . . . . . . . . . . . . . 450,000 Prepare the following for Anson Industries, Inc.:

a. Income statement, including comprehensive income.

b. Income statement and a separate statement of comprehensive income.

AppendixLO1