At December 31, 2017, the available-for-sale debt portfolio for Tamarisk, Inc. is as follows.

Exercise 17-10 (Part Level Submission) At December 31, 2017, the available-for-sale debt portfolio for Tamarisk, Inc. is as follows. Unrealized Security Cost Fair Value Gain (Loss) A $35,875 $30,750 $(5,125 ) 25,625 28,700 3,075 C 47,150 52,275 5,125 Total $108,650 $111,725 3,075 Previous fair value adjustment balance-Dr. 820 Fair value adjustment-Dr. $2,255 On January 20, 2018, Tamarisk, Inc. sold security A for $30,955. The sale proceeds are net of brokerage fees. Tamarisk Inc. reports net income in 2017 of $246,000 and in 2018 of $287,000. Unrealized holding gains and gains equal $82,000 in 2018. (a) Your answer is correct. Prepare a statement of comprehensive income for 2017, starting with net income. TAMARISK, INC Statement of Comprehensive Income For the Year Ended December 31, 2017 v Net Income 246,000 Other Comprehensive Income Unrealized Holding Gains 2,255 Comprehensive Income 248,255(b) Prepare a statement of comprehensive income for 2018, starting with net income. TAMARISK, INC Statement of Comprehensive Income For the Year Ended December 31, 2018 v $