Sheffield Corporation reported the following for 2020: net sales $1,249,000, cost of goods sold $722,700, selling and administrative expenses $332,200, and an unrealized holding gain on available-for-sale debt securities $16,900. (a) Your answer is correct. Prepare a statement of comprehensive income using the one statement format. (Ignore income taxes and earnings per share.) SHEFFIELD CORPORATION Statement of Comprehensive Income For the Year Ended December 31, 2020 Net Sales Cost of Goods Sold Gross Profit/(Loss) Selling and Administrative Expenses Net Income/(Loss) Other Comprehensive Income Unrealized Holding Gain Comprehensive Income 1249000 -722700 i 526300 -332200 194100 16900 211000