The Massoud Consulting Group reported net income of $1,392,000 for its fiscal year ended December 31, 2016. In addition, during the year the company experienced a foreign currency translation adjustment gain of $430,000 and had unrealized losses on investment securities of $70,000. The companys effective tax rate on all items affecting comprehensive income is 30%. Each component of other comprehensive income is displayed net of tax.

Required:

Prepare a separate statement of comprehensive income for 2016. (Amount to be deducted should be indicated with a minus sign.)