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2 comprehensive income. 2. One of the comporiy's factories was closed during the yem 3. Dusineturing costs incurred were $1,300. operat the year, John Deere
2 comprehensive income. 2. One of the comporiy's factories was closed during the yem 3. Dusineturing costs incurred were $1,300. operat the year, John Deere completed the sale of one of the according divisions that qualifies as a component of the entity according to GAAP regarding discontinued operations. The division had incurred operating income of $730 in 2021 prior to the sale, and its assets were sold at a loss of $1,940. 4. A positive foreign currency translation adjustment for the year totaled $670. Required: Prepare John Deere's single, continuous statement of comprehensive income for 2021, including earnings per share disclosures. Use a multiple-step income statement format. Three million shares of common stock were outstanding throughout the year. (Enter your answers in thousands of dollars, except earnings per share. Amounts to be deducted should be indicated with a minus sign. Round Earnings per John Deere is an American manufacturer of agricultural, construction. and forestry machinery. The following income stotememt hems appeared on the adjusted trial balance of John Deere Corporation for the year ended December 31, 2021 (\$ in 000s): sales revenue, \$21,500: cost of goods sold, \$14,150; selling expense, \$2,230; general and administrative expense, \$1,130; dividend revenue from investments, $130; interest expense, \$230. Income taxes have not yet been accrued. The company's income tax rate is 25% on all items of income or loss. These revenue and expense items appear in the company's income statement every year. The company's controller, however, has asked for your help in determining the appropriate treatment of the following nonrecurring transactions that also occurred during 2021 ( $ in 000 s). All transactions are material in amount. 1. Investments were sold during the year at a loss of $230. John Deere also had an unrealized loss of $130 for the year on investments. The unrealized loss represents a decrease in the fair 2 comprehensive income. 2. One of the comporiy's factories was closed during the yem 3. Dusineturing costs incurred were $1,300. operat the year, John Deere completed the sale of one of the according divisions that qualifies as a component of the entity according to GAAP regarding discontinued operations. The division had incurred operating income of $730 in 2021 prior to the sale, and its assets were sold at a loss of $1,940. 4. A positive foreign currency translation adjustment for the year totaled $670. Required: Prepare John Deere's single, continuous statement of comprehensive income for 2021, including earnings per share disclosures. Use a multiple-step income statement format. Three million shares of common stock were outstanding throughout the year. (Enter your answers in thousands of dollars, except earnings per share. Amounts to be deducted should be indicated with a minus sign. Round Earnings per John Deere is an American manufacturer of agricultural, construction. and forestry machinery. The following income stotememt hems appeared on the adjusted trial balance of John Deere Corporation for the year ended December 31, 2021 (\$ in 000s): sales revenue, \$21,500: cost of goods sold, \$14,150; selling expense, \$2,230; general and administrative expense, \$1,130; dividend revenue from investments, $130; interest expense, \$230. Income taxes have not yet been accrued. The company's income tax rate is 25% on all items of income or loss. These revenue and expense items appear in the company's income statement every year. The company's controller, however, has asked for your help in determining the appropriate treatment of the following nonrecurring transactions that also occurred during 2021 ( $ in 000 s). All transactions are material in amount. 1. Investments were sold during the year at a loss of $230. John Deere also had an unrealized loss of $130 for the year on investments. The unrealized loss represents a decrease in the fair
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