Tamarisk Corporation reported the following for 2020: net sales $1,237,500, cost of goods sold $734,000, selling and administrative expenses $326,300, and an unrealized holding gain on available-for-sale debt securities $21,600.

Prepare a statement of comprehensive income using the one statement format. (Ignore income taxes and earnings per share.)

TAMARISK CORPORATION Statement of Comprehensive Income choose the accounting period December 31, 2020For the Year Ended December 31, 2020For the Quarter Ended December 31, 2020
select a comprehensive income item Gross Profit / (Loss)Other Comprehensive Income Unrealized Holding GainComprehensive IncomeSelling and Administrative ExpensesCost of Goods SoldNet Income / (Loss)Net Sales		$enter a dollar amount
select a comprehensive income item Other Comprehensive Income Unrealized Holding GainNet SalesComprehensive IncomeNet Income / (Loss)Gross Profit / (Loss)Selling and Administrative ExpensesCost of Goods Sold		enter a dollar amount
select a summarizing line for the first part Net Income / (Loss)Other Comprehensive Income Unrealized Holding GainComprehensive IncomeSelling and Administrative ExpensesNet SalesCost of Goods SoldGross Profit / (Loss)		enter a total of the two previous amounts
select a comprehensive income item Net Income / (Loss)Gross Profit / (Loss)Selling and Administrative ExpensesComprehensive IncomeCost of Goods SoldNet SalesOther Comprehensive Income Unrealized Holding Gain		enter a dollar amount
select a summarizing line for the second part Other Comprehensive Income Unrealized Holding GainGross Profit / (Loss)Comprehensive IncomeNet SalesNet Income / (Loss)Cost of Goods SoldSelling and Administrative Expenses		enter a total of the two previous amounts
select a comprehensive income item Cost of Goods SoldNet SalesSelling and Administrative ExpensesNet Income / (Loss)Comprehensive IncomeGross Profit / (Loss)Other Comprehensive Income Unrealized Holding Gain		enter a dollar amount
select a closing name for this statement Sales RevenueNet Income / (Loss)Other Comprehensive Income Unrealized Holding GainSelling and Administrative ExpensesComprehensive IncomeCost of Goods SoldGross Profit / (Loss)		$enter a total amount for this statement

eTextbook and Media

Prepare a statement of comprehensive income, using the two statement format. (Ignore income taxes and earnings per share.)

TAMARISK CORPORATION Income Statement choose the accounting period December 31, 2020For the Year Ended December 31, 2020For the Quarter Ended December 31, 2020
select an income statement item Comprehensive IncomeCost of Goods SoldDividendsGross Profit / (Loss)Net Income / (Loss)Net SalesOther Comprehensive Income Unrealized Holding GainRetained Earnings, January 1Retained Earnings, December 31Selling and Administrative ExpensesTotal ExpensesTotal Revenues		$enter a dollar amount
select an income statement item Comprehensive IncomeCost of Goods SoldDividendsGross Profit / (Loss)Net Income / (Loss)Net SalesOther Comprehensive Income Unrealized Holding GainRetained Earnings, January 1Retained Earnings, December 31Selling and Administrative ExpensesTotal ExpensesTotal Revenues		enter a dollar amount
select a summarizing line for the first part Comprehensive IncomeCost of Goods SoldDividendsGross Profit / (Loss)Net Income / (Loss)Net SalesOther Comprehensive Income Unrealized Holding GainRetained Earnings, January 1Retained Earnings, December 31Selling and Administrative ExpensesTotal ExpensesTotal Revenues		enter a subtotal of the two previous amounts
select an income statement item Comprehensive IncomeCost of Goods SoldDividendsGross Profit / (Loss)Net Income / (Loss)Net SalesOther Comprehensive Income Unrealized Holding GainRetained Earnings, January 1Retained Earnings, December 31Selling and Administrative ExpensesTotal ExpensesTotal Revenues		enter a dollar amount
select a closing name for this statement Comprehensive IncomeCost of Goods SoldDividendsGross Profit / (Loss)Net Income / (Loss)Net SalesOther Comprehensive Income Unrealized Holding GainRetained Earnings, January 1Retained Earnings, December 31Selling and Administrative ExpensesTotal ExpensesTotal Revenues		$enter a total net income or loss amount
TAMARISK CORPORATION Comprehensive Income Statement choose the accounting period December 31, 2020For the Year Ended December 31, 2020For the Quarter Ended December 31, 2020
select a comprehensive income item Comprehensive IncomeCost of Goods SoldDividendsGross Profit / (Loss)Net Income / (Loss)Net SalesOther Comprehensive Income Unrealized Holding GainRetained Earnings, January 1Retained Earnings, December 31Selling and Administrative ExpensesTotal ExpensesTotal Revenues		$enter a dollar amount
select a comprehensive income item Comprehensive IncomeCost of Goods SoldDividendsGross Profit / (Loss)Net Income / (Loss)Net SalesOther Comprehensive Income Unrealized Holding GainRetained Earnings, January 1Retained Earnings, December 31Selling and Administrative ExpensesTotal ExpensesTotal Revenues		enter a dollar amount
select a closing name for this statement Comprehensive IncomeCost of Goods SoldDividendsGross Profit / (Loss)Net Income / (Loss)Net SalesOther Comprehensive Income Unrealized Holding GainRetained Earnings, January 1Retained Earnings, December 31Selling and Administrative ExpensesTotal ExpensesTotal Revenues		$enter a total amount for this statement