Reference no: EM132651746

Problem - The trial balance for Lindor Corporation, a manufacturing company, for the year ended December 31, 2021, included the following accounts:

Account Title Debits Credits

Sales revenue 2,520,000

Cost of goods sold 1,500,000

Selling and administrative expense 440,000

Interest expense 50,000

Gain on debt securities 90,000

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%. There were 1,200,000 shares of common stock outstanding throughout 2021.

Required - Make a single, continuous multiple-step statement of comprehensive income for 2021, including appropriate EPS disclosures.