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Business, 25.02.2020 18:52 payshencec21

In its proposed 2017 income statement, Riverbed Corp reports income before income taxes $526,000, income taxes $131,500 (not including unusual items), loss on operation of discontinued music division $65,200, gain on disposal of discontinued music division $53,100, and unrealized loss on available-for-sale securities $160,000. The income tax rate is 25%.

Prepare a correct statement of comprehensive income, beginning with income before income taxes.

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In its proposed 2017 income statement, Riverbed Corp reports income before income taxes $526,000, in...
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