Grouse Grind Limited (GGL) had the following preliminary Statement of Comprehensive Income for the year ended December 31, 2019. The provision for income taxes has yet to be determined.

Sales $12,750,000

Cost of sales. 7,450,000

Gross profit 5,300,000

Selling, General & Administrative:

Salaries and benefits$1,200,000

Insurance expense.. 120,000

Rent and maintenance 300,000

Entertainment & meals.. 200,000

Travel, transport only. 700,000

Operating lease payments... 100,000

Depreciation.. 220,000

Warranty expense. 145,000

Other expenses.. 95,000

Restructuring provision, unusual 500,000 $3,580,000

Income from core operations.. 1,720,000

Other:

Interest and finance expense$86,000

Losses on portfolio disposals.. 48,000

Income from Equity

Held Investment .103,000 31,000

Income from continuing operations. 1,689,000

Other Comprehensive income:

Portfolio revaluation, net 102,000

Comprehensive income, pre-tax. $1,791,000