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The trial balance for Lindor Corporation, a manufacturing company, for the year ended December 31, 2024, included the following accounts: Account Title Sales revenue Cost

The trial balance for Lindor Corporation, a manufacturing company, for the year ended December 31, 2024, included the following accounts: Account Title Sales revenue Cost of goods sold Selling and administrative expense Interest expense Gain on debt securities Gross profit Operating expenses: Debits Required: Prepare a single, continuous multiple-step statement of comprehensive income. Operating income $ 1,530,000 437,000 53,000 The gain on debt securities is unrealized and classified as other comprehensive income. The trial balance does not include the accrual for income taxes. Lindor's income tax rate is 25%. LINDOR CORPORATION Statement of Comprehensive Income For the Year Ended December 31, 2024 Credits $ 2,580,000 93,000
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The trial balance for Lindor Corporation, a manufacturing company, for the year ended December 31, 2024, included the following accounts: The gain on debt securities is unrealized and classified as other comprehensive income. The trial balance does not include the accrual for income taxes. Lindor's income tax rate is 25%. Required: Prepare a single, continuous multiple-step statement of comprehensive income

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