Duke Company's records show the following account balances at December 31, 2024: Sales revenue Cost of goods sold General and administrative expense Selling expense Interest expense $ 17,400,000 10,200,000 1,120,000 620,000 820,000 Income tax expense has not yet been determined. The following events also occurred during 2024. All transactions are material in amount. 1. $420,000 in restructuring costs were incurred in connection with plant closings 2. Inventory costing $520,000 was written off as obsolete. Material losses of this type are considered to be unusual. 3. It was discovered that depreciation expense for 2023 was understated by $62,000 due to a mathematical error. The amount is considered material. 4. The company experienced a negative foreign currency translation adjustment of $320,000 and had an unrealized gain on debt securities of $300,000. Required: Prepare a single, continuous multiple step statement of comprehensive income for 2024. 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. Note: Amounts to be deducted should be indicated with a minus sign. Gross profit Operating expenses DUKE COMPANY Statement of Comprehensive Income For the Year Ended December 31, 2024 Total operating expenses Operating income Other income (expense): Income before income taxes Net income Other comprehensive income, net of tax: Total other comprehensive income (loss) Comprehensive income