Problem 3 Shown below is selection information for Mountain Top Inc. Using this information, prepare Mountain Top's Statement of Comprehensive Income and Statement of Changes in Equity. Sales revenue $11,045,000 Cost of goods sold 6,855,000 Interest revenue 14,820 Loss from disposal of fixed assets 23,800 Gain from sale of FV-Nl investment 76,850 Selling and administrative expenses 2,820,000 Unrealized holding loss, FV-OCI investments, net of income tax 17,860 Gain from operations of discontinued division 33,800 Tax on operations of discontinued operations 8,112 Loss on disposal of assets of discontinued operations 8,670 Tax effect on disposal of assets of discontinued operations 2,080 Tax rate 24% Number of common shares outstanding 150,000 Accumulated other comprehensive income, beginning balance 675,000 Retained earnings, beginning balance 8,630,825 Dividends declared 500,000 Common shares, beginning balance 450,000 Contributed surplus, beginning balance 385,000