Saved Help Save & Exit Submit Check my work Sales revenue Cost of goods sold General and administrative expense Selling expense Interest expense $15,200,000 9,100,000 1,010,000 510,000 710.000 Income tax expense has not yet been determined. The following events also occurred during 2021. All transactions are material in amount 1. $310,000 in restructuring costs were incurred in connection with plant closings. 2. Inventory costing $410,000 was written off as obsolete. Material losses of this type are considered to be unusual. 3. It was discovered that depreciation expense for 2020 was understated by $51,000 due to a mathematical error. 4. The company experienced a negative foreign currency translation adjustment of $210,000 and had an unrealized gain on debt securities of $190,000. Required: Prepare a single, continuous multiple-step statement of comprehensive income for 2021. The company's effective tax rate on all items affecting comprehensive income is 25%. Each component of other comprehensive income should be displayed net of tax. Ignore EPS disclosures. (Amounts to be deducted should be indicated with a minus sign.) DUKE COMPANY Statement of Comprehensive Income For the Year Ended December 31, 2021 Gross profit Operating expenses: DUKE COMPANY Statement of Comprehensive Income For the Year Ended December 31, 2021 Gross profit Operating expenses: Total operating expenses Operating income Other income (expense): Income before income taxes Net income Other comprehensive income, net of tax: perating expenses: Total operating expenses Operating income Other income (expense): Income before income taxes Net income Other comprehensive income, net of tax: Total other comprehensive income (loss) Comprehensive income