Comprehensive Income On December 31, Year 1, Valur Co. had the following available-for-sale investment disclosure within the Current Assets section of the balance sheet: Available-for-sale investments (at cost) $145,600 Plus valuation allowance for available-for-sale investments 20,800 Available-for-sale investments (at fair value) 166,400 There were no purchases or sales of available-for-sale investments during Year 2. On December 31, Year 2, the fair value of the available-for-sale investment portfolio was $138,100. The net income of Valur Co. was $186,400 for Year 2. Compute the comprehensive income for Valur Co. for the year ended December 31, Year 2. VALUR CO. Statement of Comprehensive Income For the Year Ended December 31, Year 2 Other Comprehensive Income (Loss)