Prepare in good form, a Statement of Comprehensive Income for ABC Corp, for the

calendar year 2014 given the following information

Sales Revenue

Other Revenue-Interest

Cost of Goods Sold

Operating Expenses

Dividends paid to shareholders

Other revenue/ (losses):

Gain on sale of collectibles-infrequent but not unusual 12,000

Loss from hurricane-unusual and infrequent event (8,000)

Decrease in value of Available for Sale securities 15,000

ABC's tax rate is 40 percent.

There are 1,000 shares of common outstanding throughout 2014.