On 31/12/2020, the balances of the Adjusted Trial Balance of KLM were the following: N Account Balance (in thousand euros) 1. Salaries paid in advance 150 2. Notes Receivable 210 3. Interest Revenue 45 4. Electricity Expenses 210 5. Interest Payable 70 6. Land 4,000 7. Accounts Payable 280 8. Rent received in advance 110 9. Interest Expense 65 10. Buildings 3,650 11. Furniture 1,200 12. Bank Deposits 540 13. Share Capital 6,000 14. Merchandise 85 15. Depreciation Expense 200 16. Gain on machine disposal 200 17. Notes Payable 350 18. Depreciated Computers 160 19. Depreciated Machines 400 20. Depreciated Furniture 350 21. Depreciated Buildings 600 22. Loss of Damaged Furniture 70 23. General Expenses 24. Insurance paid in advance 125 50 160 2,900 5,200 30 6,000 2,900 43 25. Marketable securities 26. Accounts receivables 27. Cash 28. Salaries payable 29. Mortgage loans 30. Cost of Goods Sold 31. Tax Payable 32. Insurance Expense 33. Sales Revenue 34. Computers 35. Rent revenue 36. General expenses payable 37. Licenses 38. Checks Payable 39. Salaries Expense 40. Machines 41. Retained Earnings 42. Revaluation Reserve 43. Tax Expense The following information is also available: 40 3,600 900 180 200 80 300 200 1,800 3,860 2,000 43 1. Net Income (after taxes) for fiscal year 2020 is equal to 172 thousand Euros. 2. ABC wants to declare dividends 40 thousand Euros from Net Income. 3. Land was revalued 400 thousand Euros during the fiscal year. This is because ABC follows the revaluation model for land and presents it at fair value. Required: 1. Prepare a Statement of Comprehensive Income. 2. Prepare a classified Balance Sheet.