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At December 31, 2013, the available-for-sale equity portfolio for Steffi Graf, Inc. is as follows.

Security	Cost	Fair Value	Unrealized Gain (Loss)
A	$18,270	$15,660	$(2,610	)
B	13,050	14,616	1,566
C	24,012	26,622	2,610
Total	$55,332	$56,898	1,566
Previous fair value adjustment balance?Dr.	418
Fair value adjustment?Dr.	$1,148

On January 20, 2014, Steffi Graf, Inc. sold security A for $15,764. The sale proceeds are net of brokerage fees. Steffi Graf Inc. reports net income in 2013 of $125,280and in 2014 of $146,160. Total holding gains (including any realized holding gain or loss) total $41,760. (a)Prepare a statement of comprehensive income for 2013 starting with net income.

STEFFI GRAF, INC Statement of Comprehensive Income For the Year Ended December31, 2013
Comprehensive IncomeHolding GainsHolding LossNet IncomeOther Comprehensive IncomeReclassification Adjustment for Gain Included in Net IncomeReclassification Adjustment for Loss Included in Net IncomeUnrealized Holding GainUnrealized Holding Loss	$
Comprehensive IncomeHolding GainsHolding LossNet IncomeOther Comprehensive IncomeReclassification Adjustment for Gain Included in Net IncomeReclassification Adjustment for Loss Included in Net IncomeUnrealized Holding GainUnrealized Holding Loss
Comprehensive IncomeHolding GainsHolding LossNet IncomeOther Comprehensive IncomeReclassification Adjustment for Gain Included in Net IncomeReclassification Adjustment for Loss Included in Net IncomeUnrealized Holding GainUnrealized Holding Loss
Comprehensive IncomeHolding GainsHolding LossNet IncomeOther Comprehensive IncomeReclassification Adjustment for Gain Included in Net IncomeReclassification Adjustment for Loss Included in Net IncomeUnrealized Holding GainUnrealized Holding Loss	$

(b)Prepare a statement of comprehensive income for 2014 starting with net income.

STEFFI GRAF, INC Statement of Comprehensive Income For the Year Ended December 31, 2014
Comprehensive IncomeHolding GainsHolding LossNet IncomeOther Comprehensive IncomeReclassification Adjustment for Gain Included in Net IncomeReclassification Adjustment for Loss Included in Net IncomeUnrealized Holding GainUnrealized Holding Loss	$
Comprehensive IncomeHolding GainsHolding LossNet IncomeOther Comprehensive IncomeReclassification Adjustment for Gain Included in Net IncomeReclassification Adjustment for Loss Included in Net IncomeUnrealized Holding GainUnrealized Holding Loss
Comprehensive IncomeHolding GainsHolding LossNet IncomeOther Comprehensive IncomeReclassification Adjustment for Gain Included in Net IncomeReclassification Adjustment for Loss Included in Net IncomeUnrealized Holding GainUnrealized Holding Loss	$
AddLess: Comprehensive IncomeHolding GainsHolding LossNet IncomeOther Comprehensive IncomeReclassification Adjustment for Gain Included in Net IncomeReclassification Adjustment for Loss Included in Net IncomeUnrealized Holding GainUnrealized Holding Loss
Comprehensive IncomeHolding GainsHolding LossNet IncomeOther Comprehensive IncomeReclassification Adjustment for Gain Included in Net IncomeReclassification Adjustment for Loss Included in Net IncomeUnrealized Holding GainUnrealized Holding Loss	$
Unrealized Holding GainCurrent Period Other Comprehensive incomeEnding Balance, December 31, 2014Amount Reclassified from Accumulated Other Comprehensive IncomeAccumulated Other Comprehensive IncomeBeginning Balance, January 1, 2014
Amount Reclassified from Accumulated Other Comprehensive IncomeAccumulated Other Comprehensive IncomeUnrealized Holding GainBeginning Balance, January 1, 2014Ending Balance, December 31, 2014Current Period Other Comprehensive income	$
Amount Reclassified from Accumulated Other Comprehensive IncomeUnrealized Holding GainEnding Balance, December 31, 2014Accumulated Other Comprehensive IncomeBeginning Balance, January 1, 2014Current Period Other Comprehensive income	$
Current Period Other Comprehensive incomeAmount Reclassified from Accumulated Other Comprehensive IncomeBeginning Balance, January 1, 2014Unrealized Holding GainEnding Balance, December 31, 2014Accumulated Other Comprehensive Income
Accumulated Other Comprehensive IncomeEnding Balance, December 31, 2014Beginning Balance, January 1, 2014Current Period Other Comprehensive incomeAmount Reclassified from Accumulated Other Comprehensive IncomeUnrealized Holding Gain
Beginning Balance, January 1, 2014Current Period Other Comprehensive incomeUnrealized Holding GainEnding Balance, December 31, 2014Accumulated Other Comprehensive IncomeAmount Reclassified from Accumulated Other Comprehensive Income	$

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