Hello, I need assistance with the breakdown. I'm not sure if I started answering this question right? Can you please walk me through this; the second part of this is the statement of comprehensive income. I need a breakdown for both, please. Thank you.

Homework: Chapter 5 Homework Save Score: 0 of 4 pts 1 4 of 4 13 amp ciel HW Score: 33.74% 5.00 of 15 pts Question Help P5-7 (similar to) Wikon Products Inc. provided following informtion from its currenyar il bakce. Cick this to view thayr-end trial ACA) Wilson Rd $50,000 of mosted on October 1 of the current year. The company ako repurdhesed $14,500 tis shans at the and of the maporting parind. The company is subject to a 40income tax rate. Raad the courants Requirementa. Prepare an incare talement for the went year using exchreporting formal dergle-elep, multiple-ip.andarverud, mutiple-sep with supporting device. Bare to the regretter Begin by complir uns single-pie statement for the current year. alime. In all murit le the next whicle daler. Use theses Thal balance Wilson Prxcluclne Statement of Net Income For the Year Ended December 31 Opening Expensas Office Supplies Expense OHC Saares Expers 1 Ciwit S 77.000 775 000 185.000 4.50.000 700 4.400 Requirements 700 375 20,000 Wilson Products, Inc Trial Balanga Partial) For the Year Ended December 31 Account Comman Stocking pori Daging Balence Ruler Enrings-Bering BH Accumulated Oher Comprehensive income Beginning Balance /H4 Uvidend come I WA Gain on Disposal of Places Land Gain on Trading SATA Cost of Goods Sold Selling Exces Advertising Exponce Chic Salaries Expand Sales Salaries Expanse med Supples Expense Accounting and Legal Fees Administrative Symone Corsuring Fees Administrato Artision Expono Adrive Deprcciban Experse Administrative Uncalzed Loss or Avalable-tor-Saic Investments Bctarc Tax Lexan Axelopit Locs on Discontrec Operations Before Tex a. Prapancar Income statement for the current your using aach raparting format sngisia, mutiple-5.op, and condensed, postep with supporting JOH. Roone old b. Prepare a separate statement of compromino nofor the current year. 4,300 8,000 2,400 Print Lane 250 5,400 7,900 880 Choose from any list or enter any number in the inpu. Tields and then click Check rewe 100 HUU 8 parts remaining * T.IR Check Answer Homework: Chapter 5 Homework Save Score: 0 of 4 pts 1 4 of 4 13 amp ciel HW Score: 33.74% 5.00 of 15 pts Question Help P5-7 (similar to) Wikon Products Inc. provided following informtion from its currenyar il bakce. Cick this to view thayr-end trial ACA) Wilson Rd $50,000 of mosted on October 1 of the current year. The company ako repurdhesed $14,500 tis shans at the and of the maporting parind. The company is subject to a 40income tax rate. Raad the courants Requirementa. Prepare an incare talement for the went year using exchreporting formal dergle-elep, multiple-ip.andarverud, mutiple-sep with supporting device. Bare to the regretter Begin by complir uns single-pie statement for the current year. alime. In all murit le the next whicle daler. Use theses Thal balance Wilson Prxcluclne Statement of Net Income For the Year Ended December 31 Opening Expensas Office Supplies Expense OHC Saares Expers 1 Ciwit S 77.000 775 000 185.000 4.50.000 700 4.400 Requirements 700 375 20,000 Wilson Products, Inc Trial Balanga Partial) For the Year Ended December 31 Account Comman Stocking pori Daging Balence Ruler Enrings-Bering BH Accumulated Oher Comprehensive income Beginning Balance /H4 Uvidend come I WA Gain on Disposal of Places Land Gain on Trading SATA Cost of Goods Sold Selling Exces Advertising Exponce Chic Salaries Expand Sales Salaries Expanse med Supples Expense Accounting and Legal Fees Administrative Symone Corsuring Fees Administrato Artision Expono Adrive Deprcciban Experse Administrative Uncalzed Loss or Avalable-tor-Saic Investments Bctarc Tax Lexan Axelopit Locs on Discontrec Operations Before Tex a. Prapancar Income statement for the current your using aach raparting format sngisia, mutiple-5.op, and condensed, postep with supporting JOH. Roone old b. Prepare a separate statement of compromino nofor the current year. 4,300 8,000 2,400 Print Lane 250 5,400 7,900 880 Choose from any list or enter any number in the inpu. Tields and then click Check rewe 100 HUU 8 parts remaining * T.IR Check