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Duke Company's records show the following account balances at December 31, 2016: Income tax expense has not yet been determined. The following events also occurred

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Duke Company's records show the following account balances at December 31, 2016: Income tax expense has not yet been determined. The following events also occurred during 2016. All transactions are material in amount. $440,000 in restructuring costs were incurred in connection with plant closings. Inventory costing $540,000 was written off as obsolete. Material losses of this type are considered to be unusual. It was discovered that depreciation expense for 2015 was understated by S64,000 due to a mathematical error. The company experienced a foreign currency translation adjustment loss of S340,000 and had unrealized gains on investments of $320,000. Required: Prepare a single, continuous multiple-step statement of comprehensive income for 2016. The company's effective tax rate on all items affecting comprehensive income is 30%. 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.)

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