For the year ended December 31, 2007, Milan Company reported the following financial in Gross profit from sales $600,000 Operating expenses 100,000 Unrealized loss from foreign currency translation 30,000 Dividends received from available-for-sale securities 15,000 Increase in minimum pension liability 45,000 Interest expense 25,000 Acquired treasury stock for $25,000 more than original book value 75,000 Unrealized gain from available-sale-securities 20,000 Ignoring taxes, calculate Milan's net income and comprehensive income for 2007, Net income: $490,000; Comprehensive income: $2,000 Net income: $40,000; Comprehensive income: $44,000 Net income: $490,000; Comprehensive income: $435,000