Duke Company's records show the following account balances at December 31, 2018: Sales Cost of goods sold General and administrative expenses Selling expenses Interest expense strative expensen $ 17,000,000 10,000,000 1,100,000 600,000 800,000 Income tax expense has not yet been determined. The following events also occurred during 2018. All transactions are material in amount. 1. $400,000 in restructuring costs were incurred in connection with plant closings. 2. Inventory costing $500,000 was written off as obsolete. Material losses of this type are considered to be unusual. 3. It was discovered that depreciation expense for 2017 was understated by $60,000 due to a mathematical error. 4. The company experienced a negative foreign currency translation adjustment of $300,000 and had unrealized gains on investments of $280,000. Required: Prepare a single, continuous multiple-step statement of comprehensive income for 2018. The company's effective tax rate on all items affecting comprehensive income is 40%. Each component of other comprehensive income should be displayed net of tax. Ignore EPS disclosures. (Amounts to be deducted should be indicated with a minus sign.) DUKE COMPANY Statement of Comprehensive Income For the Year Ended December 31, 2018 Sales revenue Cost of goods sold Gross profit Operating expenses: General and administrative expenses Selling expenses Restructuring costs Loss from write-down of obsolete inventory Total operating expenses Operating income Other income (expense): Interest expense Income before income taxes Income tax expense Net income Other comprehensive income (loss): Foreign currency translation adjustment loss, net of tax Unrealized gains on investment securities, net of tax Total other comprehensive loss Comprehensive income $ 0