1. Colorado Co. had the following account balances
	8 points
	Last name begins with:		A - B
	Sales revenue		2,500,000
	Loss from discontinued operations (pre-tax)		100,000
	Cost of goods sold		1,200,000
	Salaries and wages expense		205,000
	Depreciation expense		240,000
	Dividend revenue		20,000
	Utilities expense		25,000
	Rent revenue		50,000
	Interest expense		22,000
	Sales returns and allow.		50,000
	Advertising expense		29,500
	Non-controlling interests		25,000
	Change in unrealized gains (OCI, pre-tax)		24,000
	The tax rate for Colorado Co. is 20%. The average number of shares outstanding is 100,000
	The average shares outstanding is 100,000
a.	Prepare a single step income statement
b.	Prepare a multiple step income statement
c. Prepare a comprehensive income statement