(Statement of Comprehensive Income) Rosi Inc. imports high end wooden furniture from overseas and sells it to furniture stores. The following are amounts extracted from the company”s general ledger for January 2012:
|
Administrative salaries |
$ 5,000 |
|
Commission paid to sales people |
2,100 |
|
De[recitation of office furniture and equipment |
2,500 |
|
Dividends paid |
5,000 |
|
Income tax expense |
800 |
|
Interest paid |
12,000 |
|
Inventory of furniture for sale January 1 |
56,000 |
|
Inventory of furniture for sale January 31 |
3,100 |
|
Purchase of furniture for sale |
178,000 |
|
Sales |
200,000 |
Prepare the company”s statement of comprehensive income for January 2012.