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(TCO C) Solar Power Inc. had the following transactions during 2105.
Sales revenue
$15,000
Equipment rental revenue
420
Cost of sales
6,200
Selling and administrative expenses
3,500
Interest expense
560
Gain on sale of old machinery
210
Unrealized gain on available for sale securities
156
(A) Prepare multi-step income statement of Solar Power Inc. assuming income tax rate applicable to Solar Power is 30%.
(B) Compute comprehensive income.
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