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Duke Companys records show the following account balances at December 31, 2021: Duke Company's records show the following account balances at December 31, 2021: Sales

Duke Companys records show the following account balances at December 31, 2021:

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Duke Company's records show the following account balances at December 31, 2021: Sales revenue Cost of goods sold General and administrative expense Selling expense Interest expense $ 15,200,000 9,100,000 1,010,000 510,000 710,000 Income tax expense has not yet been determined. The following events also occurred during 2021. All transactions are material in amount. 1. $310,000 in restructuring costs were incurred in connection with plant closings. 2. Inventory costing $410,000 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 $51,000 due to a mathematical error. 4. The company experienced a negative foreign currency translation adjustment of $210,000 and had an unrealized gain on debt securities of $190.000 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. (Amounts to be deducted should be indicated with a minus sign.) DUKE COMPANY Statement of Comprehensive Income For the Year Ended December 31, 2021 Gross profit 0 Operating expenses: 0 Total operating expenses Operating income Other income (expense): 0 Income before income taxes 0 Net income 0 Other comprehensive income, net of tax: 0 Total other comprehensive income (loss) Comprehensive income $ 0

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