On December 31, 2016, Opgenorth Company listed the following items in its adjusted trial balance:

Additional data:
1. Seven thousand shares of common stock have been outstanding the entire year.
2. The income tax rate is 30% on all items of income.
Required:
1. Prepare a 2016 multiple-step income statement.
2. Prepare a 2016 single-step income statement.
3. Prepare a 2016 statement of comprehensive income.

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Loss from fire (pretax) Intere st revenue Selling expenses Cost of goods sold Loss on sale of equipment (pretox) 8,000 General and administrative expenses 17,000 2,500 Sales 14,000 Unredlized decrease in fair value of 160,000 95,000 available-for-sale securities 1,800 2,000