Brief Exercise 5-09 The following information relates to Concord Corporation for the year 2022. $1,440 Advertising expense Retained earnings, January 1, 2022 $38,400 Dividends during 2022. 8,320 4,000 Rent expense Utilities expense 2,480 Service revenue 50,000 Salaries and wages expense Other comprehensive income (net of tax) 320 22,400 After analyzing the data, compute net income. Net income / (loss) $ LINK TO TEXT Prepare a comprehensive income statement for the year ending December 31, 2022 Concord Corporation Comprehensive Income Statement Click if you would like to Show Work fnr thie aurtin