Presented below are 11 income statement items from Braun Company fox the year ended December 31, 2014.

Sales revenue	$2,700,000
Cost of goods sold	1,150,000
Interest revenue	15,000
Loss from abandonment of plant assets	45,000
Gain from extinguishment of debt	28,000
Unrealized holding loss on an available-for-sale investment, net of tax	12,000
Selling expenses	290,000
Administrative expenses	190,000
Effect of change in estimated useful lives of fixed assets	35,000
Loss from an earthquake (unusual and infrequent)	30,000
Gain on disposal of a component of Braun's business	50,000

Instructions

a) Using the information above, prepare a condensed multiple-step income statement. Assume a tax rate of 30% and 100, 000 shares of common stock outstanding during 2014.

b) Compute comprehensive income for Braun in 2014.