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Duke Company's records show the following account balances at December 31,2024 : Income tax expense has not yet been determined. The following events also occurred during 2024. All transactions are material in amount. 1. $480,000 in restructuring costs were incurred in connection with plant closings. 2. Inventory costing $580,000 was written off as obsolete. Material losses of this type are considered to be unusual. 3. It was discovered that depreciation expense for 2023 was understated by $68,0 d0 due to a mathematical error. The amount is considered material. 4. The company experienced a negative foreign currency translation adjustment of $380,000 and had an unrealized gain on debt securities of $360.000. Required: Prepare a single, continuous multiple-step statement of comprehensive income for 2024 . The company's effective tax rate on all items affecting comprehensive income is 25%. Each component of other comprehensive income should be displayed net of tax. Ignore EPS disclosures. Note: Amounts to be deducted should be indicated with a minus sign. \begin{tabular}{|l|r|r|} \hline Depreciation expense & (68,000) & \\ \hline Inventory & (580,000) & \\ \hline Interest expense & & \\ \hline Total operating expenses & & (2,988,000) \\ \hline Operating income & & 4,812,000 \\ \hline Other incorne (expense): & & \\ \hline Income before income taxes & & \\ \hline Net income & & 4,812,000 \\ \hline Other comprehensive income, net of tax: & & \\ \hline & & \\ \hline Total other comprehensive income (loss) & & \\ \hline Comprehensive income & & \\ \hline \end{tabular}