The trial balance of Kroeger Inc. included the following accounts as of December 31, 2021: Debits Credits Sales revenue Interest revenue 8,320,000 58,000 Gain on sale of investments 118,000 Gain on debt securities 139,000 Loss on projected benefit obligation 158,000 Cost of goods sold 6,122,000 Selling expense 720,000 Goodwill impairment loss 510,000 Interest expense 28,000 General and administrative expense 480,000 The gain on debt securities represents the increase in the fair value of debt securities and is classified a component of other comprehensive income. Kroeger had 300,000 shares of stock outstanding throughout the year. Income tax expense has not yet been recorded. The effective tax rate is 25% Required Prepare a 2021 single, continuous statement of comprehensive income for Kroeger Inc. Use a multiple-step income statement format. (Amounts to be deducted should be indicated with a minus sign. Round Earnings per share answer to 2 decimal places.) KROEGER INC. Statement of Comprehensive Income For the Year Ended December 31, 2021 Sales revenue Cost of goods sold Gross profit Operating expenses $ 8,320,000 6,122,000 2,198,000 Selling expense $ 720,000 General and administrative expense 480,000 Goodwill impairment loss 510,000 Total operating expenses 1,710,000 Operating income 488,000 Other income (expense) Gain on sale of investments 118,000 Interest revenue 58,000 Interest expense 28,000 Total other income, net 204,000 Income before income taxes 692,000 ncome tax expense 473,000 Net income (loss) Other comprehensive income (net of tax) Gain on debt securities Loss on projected benefit obligation Total other comprehensive income (loss)