Top Brands Limited reported the following selected information for the year ended March 31, 2014:

The company's income tax rate is 30%. The company reports gains and losses on its equity investments as other comprehensive income.
Instructions
Prepare income statement and a separate statement of comprehensive income for Top Brands Limited.

Advertising expense Cash dividends Depreciation expense Fees earned Gain on disposal of equipment ,500 Retained earnings, April 1, 2013 Income tax payable 7,000 Interest expense 5,000 3,000 62,000 s 5,500 18,000 3,000 34,000 19,000 8,000 Loss on discontinued operations Loss on equity investments Rent revenue 6,600 Training programs expense