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Question: the following is information for martinez corp for the year...

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The following is information for Martinez Corp. for the year ended December 31, 2017:

Net sales revenue $1,380,000 Loss on inventory due to decline in net realizable value (NRV) $84,000
Unrealized gain on FV-OCI investments 40,000 Loss on sale of equipment 40,000
Interest income 8,000 Depreciation expense related to buildings omitted by mistake in 2016 53,000
Cost of goods sold 828,000 Retained earnings at December 31, 2016 900,000
Selling expenses 69,000 Loss—other (due to expropriation of land) 63,000
Administrative expenses 46,000 Dividends declared 43,000
Dividend revenue 19,000


The effective tax rate is 25% on all items. Martinez prepares financial statements in accordance with IFRS. The FV-OCI investments trade on the stock exchange. Gains/losses on FV-OCI investments are recycled through net income.

QUESTION: Prepare a multiple-step statement of comprehensive income for 2017, showing expenses by function. Ignore the calculation of EPS.

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