The ledger of Jaime Corporation at December 31, 2017, containsthe following summary data.
| Net sales | | $1,810,000 | | Cost of goods sold | | $1,050,000 |
| Selling expenses | | 117,000 | | Administrative expenses | | 153,000 |
| Other revenues and gains | | 21,000 | | Other expenses and losses | | 26,000 |
Your analysis reveals the following additional information that isnot included in the above data.
| 1. | | The entire Puzzles Division was discontinued on August 31. Theincome from operation for this division before income taxes was$17,400. The Puzzles Division was sold at a loss of $85,300 beforeincome taxes. |
| 2. | | The company had an unrealized gain on available-for-salesecurities of $116,000 before income taxes for the year. |
| 3. | | The income tax rate on all items is 23%. |
Prepare a statement of comprehensive income for the year endedDecember 31, 2017.
