For the fiscal year ending December 31, 2023, Oriole Ltd. reported sales revenue of $7,345,000 and...

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For the fiscal year ending December 31, 2023, Oriole Ltd. reported sales revenue of $7,345,000 and cost of goods sold of $5,885,000. The company had selling and administrative expenses of $555,000. During the year, the company sold some equipment for a gain of $30,000, and had unrealized holding gains on investments designated as fair value through other comprehensive income (OCI) of $6,000. Prepare a statement of comprehensive income in two separate statements. Ignore taxes and earnings per share (EPS). Oriole Ltd. follows IFRS. ORIOLE LTD. Statement of Income For the fiscal year ending December 31, 2023, Oriole Ltd. reported sales revenue of $7,345,000 and cost of goods sold of $5,885,000. The company had selling and administrative expenses of $555,000. During the year, the company sold some equipment for a gain of $30,000, and had unrealized holding gains on investments designated as fair value through other comprehensive income (OCI) of $6,000. Prepare a statement of comprehensive income in two separate statements. Ignore taxes and earnings per share (EPS). Oriole Ltd. follows IFRS. ORIOLE LTD. Statement of Income

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