Unilever Group, a Dutch-based consumer-goods company that publishes IFRS-based financial statements, reported a net profit on its 2019 income statement of 6.0 billion euros. That same year, the company reported comprehensive income of 6.6 billion euros. On its 2019 balance sheet, the company did not report a separate account for accumulated comprehensive income; details were provided in the footnotes.
Johnson & Johnson, a U.S. consumer-goods company that publishes U.S. GAAP-based financial statements, reported net profit on its 2019 income statement of $15.1 billion. It reported 2019 comprehensive income of $14.5 billion, and accumulated comprehensive income in the shareholders' equity section of the 2019 balance sheet of ($15 .9 billion).

INSTRUCTIONS:
a. Explain the difference between net profit and comprehensive income.
b. Explain the difference between comprehensive income for a given year and accumulated comprehensive income, which appears on the balance sheet as of the end of that year.
c. On which financial statement could you find a reconciliation of the beginning and ending balances of comprehensive income (or total recognized income and expense) for a given period of time?