December $31,2025,$ fair value adjustment balance$-$Dr$.$ $$5,900$

On January $20,2026,$ Sunland sold Apple for $$31,500.$ The sale proceeds are net of brokerage fees.

Sunland Foods Corp. reports net income in $2025$ of $$637,700$ and in $2026$ of $$244,200.$ Total unrealized holding gains $($including any

realized holding gain or loss$)$ arising during $2026$ totals $$24,900.$

$($a$)$

Your answer is correct.

Prepare a statement of comprehensive income for $2025$ starting with net income.

SUNLAND FOODS CORP.

Statement of Comprehensive Income

For the Year Ended December $31,2025$

Prepare a statement of comprehensive income for $2026$ starting with net income.

SUNLAND FOODS CORP.