Interest revenue	$120,400		Accumulated depreciationequipment	$40,000
Cash	351,000		Accumulated depreciationbuilding	28,000
Sales revenue	1,932,000		Notes receivable	155,000
Accounts receivable	189,000		Selling expenses	271,600
Prepaid insurance	20,000		Accounts payable	170,000
Sales returns and allowances	210,000		Bonds payable	100,000
Allowance for doubtful account	7,000		Administrative and general expense	135,800
Sales discounts	63,000		Accrued liabilities	32,000
Land	100,000		Interest expense	84,000
Equipment	200,000		Notes payable	100,000
Buildings	140,000		Loss from tornado damage	210,000
Cost of goods sold	869,400		Common stock	500,000
Unrealized gain on AFS debt Securities, net of tax	$10,000		Retained earnings	360,000
Dividends declared on preferred stock	$50,000		Dividends declared on Common stock	$75,000

Assume the total effective tax rate on all items is 20%; 100,000 shares of common stock were outstanding during the year.

Calculate net sales: _______ Calculate Gross Profit: ________ Calculate Income from Operations: _______ Calculate Net Income after taxes: _______ Other Comprehensive Income/Loss is: ________ Calculate Comprehensive Income: _______ If AOCI at the beginning of the year is ($45,000), what is AOCI at year end? _________ Calculate Retained Earnings at year end: _________