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The trial balance of Kroeger Inc. included the following accounts as of December 31, 2016: Debits Credits Sales revenue 8,200,000 Interest revenue 60,000 Gain on

The trial balance of Kroeger Inc. included the following accounts as of December 31, 2016:

Debits

Credits

Sales revenue

8,200,000

Interest revenue

60,000

Gain on sale of investments

120,000

Unrealized gains on investments

140,000

Foreign currency translation losses

160,000

Cost of goods sold

6,100,000

Selling expenses

600,000

Goodwill impairment loss

500,000

Interest expense

30,000

General and administrative expenses

500,000

Kroeger had 300,000 shares of stock outstanding throughout the year. Income tax expense has not yet been accrued. The effective tax rate is 40%.

Required:

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

Kroeger Inc.

Statement of Comprehensive Income

For the Year Ended December 31, 2016

Other comprehensive Income:

Total other comprehensive loss

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