The following condensed trial balance of Gator Co., a publicly held company, has been adjusted except for income tax expense.

Gator Co.

CONDENSED TRIAL BALANCE

• 12/31/Year 512/31/Year 4NetBalancesBalancesChangeDr.(Cr.)Dr.(Cr.)Dr.(Cr.)Cash$413,000$757,000$(344,000)Accounts receivable, net670,000610,00060,000Property, plant, and equipment1,070,000995,00075,000Accumulated depreciation(345,000)(280,000)(65,000)Available-for-sale securities70,00060,00010,000Dividends payable(25,000)(10,000)(15,000)Income taxes payable35,000(150,000)185,000Notes payable(42,000)(42,000)--Bonds payable(500,000)(1,000,000)500,000Unamortized premium on bonds(71,000)(150,000)79,000Common stock(350,000)(150,000)(200,000)Additional paid-in capital(430,000)(375,000)(55,000)Retained earnings(185,000)(265,000)80,000Accumulated other comprehensive income(10,000)(10,000)Sales(2,420,000)Cost of sales1,863,000Selling and administrative expenses220,000Interest income(14,000)Interest expense46,000Depreciation88,000Loss on sale of equipment7,000Gain unusual in nature(90,000)$0$0$ 300,000Additional InformationDuring Year 5, equipment with an original cost of $50,000 was sold for cash, and equipment costing $125,000 was purchased.
• On January 1, Year 5, bonds with a par value of $500,000 and related premium of $75,000 were redeemed. The $1,000 face amount, 10% stated rate bonds had been issued nine years ago, to yield 8%. Interest is payable annually every December 31 for 20 years.
• Tax payments during Year 5 were debited to income taxes payable. Gator's enacted tax rate for Year 5 and future years is 30%.
• On December 31, Year 4, 60,000 shares of common stock, $2.50 par, were outstanding. An additional 80,000 shares were issued on April 1, Year 5.
• No changes occurred in retained earnings other than dividends declared.
• No available-for-sale securities were purchased or sold in Year 5.

Complete the combined statement of income and comprehensive income in a multiple-step format for the year ended December 31, Year 5, by entering the appropriate amounts in the associated cells. Enter all numbers as positive.