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Duke Company's records show the follow accounts balance at December 31, 2021 Sales Revenue $ 15,000,000 Cost of goods sold 9,000,000 General and Administrative expense

Duke Company's records show the follow accounts balance at December 31, 2021

Sales Revenue $ 15,000,000
Cost of goods sold 9,000,000
General and Administrative expense 1,000,000
Selling expense 500,000
Interest expense 700,000

Income tax expense has not yet been determined. the following events also occurred during 2021. all transactions are material in amount.

1. $300,000 in restructuring costs were incurred in connection with plant closings.

2. inventory costing $400,000 was written off as obsolete. Material losses of this type are considered to be unusual.

3. it was discovered that depreciation expense for 2020 was understated by %50,000 due to a mathematical error.

4. the company experienced a negative foreign currency translation adjustment of $200,000 and had an unrealized gain on debt in securities of $180,000

Required:

Prepare a single, continuous multiple-step statement of comprehensive income for 2021. The company's effective tax rate on all items affecting comprehensive income is 25%. Each component of other comprehensive income should be displayed net of tax. Ignore EPS disclosures. use a multiple-step format.

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