Company purchases General Motors bonds on July 20, 2022, at a cost of $100,000. Company follows the calendar year and any unrealized gains or losses on these bonds are recognized as other comprehensive income or loss at year-end. On December 31, 2022, the fair value of this bond investment is $115,000. On December 31, 2023, the fair value of this bond investment is $107,000. Company's net income for 2022 is $300.000 and Company's net income for 2023 is $300,000. Company began 2022 with a zero balance in accumulated other comprehensive income. Provide answers for each of the following showing your calculations. Provide your answers on one page with your name or names on the one page turned in. Do not turn in these instructions. Your solution should be typed or written very neatly.

1) Determine Company's 2022 other comprehensive income or loss.

2) Determine Company's 2022 comprehensive income.

3) Determine Company's 2022 balance in accumulated other comprehensive income.

4) Determine Company's 2023 comprehensive income.

5) Determine Company's 2023 balance in accumulated other comprehensive income.