Assume the same information for Chen Company as in IFRS14-1. Prepare the income statement using the two-statement approach.

Data From IFRS14-1:

Chen Company reports the following information for the year ended December 31, 2014: sales revenue $1,000,000, cost of goods sold $700,000, operating expenses $200,000, and an unrealized gain on non-trading securities of $75,000. Prepare a statement of comprehensive income using the one-statement approach.