At December 31, 2020, the available-for-sale debt portfolio for Cullumber, Inc. is as follows. Security Cost Fair Value Unrealized Gain (Loss) A $17,600 $14,200 $(3,400 ) B 11,000 14,800 3,800 C 23,400 26,300 2,900 Total $52,000 $55,300 3,300 Previous fair value adjustment balance-Dr. 300 Fair value adjustment-Dr. $3,000 On January 20, 2021, Cullumber, Inc. sold security A for $14,300. The sale proceeds are net of brokerage fees. Cullumber, Inc. reports net income in 2020 of $123,000 and in 2021 of $143,000. Total holding gains (including any realized holding gain or loss) equal $40,000 in 2021. (a) Prepare a statement of comprehensive income for 2020, starting with net income. CULLUMBER, INC Statement of Comprehensive Income eTextbook and Media Save for Later Attempts: 0 of 5 used Submit Answer