Problem 6: Statement of comprehensive income: The trial balance of Stone Inc. included the following accounts as of December 31, 2018: Debits Credits Sales revenue 5,900,000 Interest revenue 40,000 Loss on sale of investments 10,000 Unrealized holding losses on investments 150,000 Foreign currency translation adjustment 260,000 Cost of goods sold 4,400,000 Selling expenses 400,000 Restructuring costs 180,000 Interest expense 20,000 General and administrative expenses 300,000 Stone had 100,000 shares of stock outstanding throughout the year. Income tax expense has not yet been accrued. The effective tax rate is 40%. Requirement: Prepare a continuous, multiple step statement of comprehensive income for the year ended on December 31, 2018 Problem 7: Classified balance sheet: The December 31, 2018, post-closing trial balance ($ in thousands) for Sajan Corporation is presented below: Debits Credits Cash 22,500 Investments (long-term) 55,000 Accounts receivable 30,000 Allowance for uncollectible accounts 7,500 Prepaid insurance 4,500 Inventories 100,000 Land 45,000 Buildings 140,000 Accumulated depreciation buildings 50,000 Equipment 132,500 Accumulated depreciation-equipment 30,000 Patents (unamortized balance) 5,000 Accounts payable 37,500 Notes payable, due 2019 65,000 Interest payable 10,000 Bonds payable, due 2028 120,000 Common stock, no par, 20,000 shares authorized, issued, and outstanding 150,000 Retained earnings 64.500 Totals 534.500 534.500 Required: Prepare a classified balance sheet for Sajan Corporation at December 31, 2018