Preparing a Statement of Comprehensive Income and a Statement of Stockholders' Equity The following pretax amounts are taken from the adjusted trial balance of Gomez Corp. at December 31, its annual year-end. Other information: - Assume an average 25% corporate tax rate on all items. - Assume no changes in common stock during the year. - Accumulated other comprehensive income had a $80,000 - Retained earnings had a $774,000 - Dividends declared and paid during the year were $100,000 Required a. Prepare two separate but consecutive statements of income and comprehensive income. Ignore earnings per share disclosures. - Note: Do not use negative signs with any of your answers. b. Prepare a statement of stockholders' equity. - Note: Use negative signs if necessary to show a deduction in this statement. Preparing a Statement of Comprehensive Income and a Statement of Stockholders' Equity The following pretax amounts are taken from the adjusted trial balance of Gomez Corp. at December 31, its annual year-end. Other information: - Assume an average 25% corporate tax rate on all items. - Assume no changes in common stock during the year. - Accumulated other comprehensive income had a $80,000 - Retained earnings had a $774,000 - Dividends declared and paid during the year were $100,000 Required a. Prepare two separate but consecutive statements of income and comprehensive income. Ignore earnings per share disclosures. - Note: Do not use negative signs with any of your answers. b. Prepare a statement of stockholders' equity. - Note: Use negative signs if necessary to show a deduction in this statement