nices Exercise 4-4 (Static) Multiple-step continuous statement of comprehensive income [LO4-1, 4-6] The trial balance for Lindor Corporation, a manufacturing company, for the year ended December 31, 2024, included the following accounts: Account Title Sales revenue Cost of goods sold Selling and administrative expense Interest expense Gain on debt securities Debits Credits $ 2,300,000 $ 1,400,000 420,000 40,000 80,000 The gain on debt securities is unrealized and classified as other comprehensive income. The trial balance does not include the accrual for income taxes. Lindor's income tax rate is 25%. Required: Prepare a single, continuous multiple-step statement of comprehensive income. LINDOR CORPORATION. Sales revenue Cost of goods sold Gross profit Operating expenses: Statement of Comprehensive Income For the Year Ended December 31, 2024 $ 2,300,000 (1,400,000) 900,000 Selling and administrative expense Operating income Other income (expense): Interest expense Income before income taxes Income tax expense Net income Other comprehensive income (net of tax): Gain on debt securities Comprehensive income (420,000) 480,000 (40,000) 110,000 110,000 80,000 $ 190,000