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Business, 05.05.2020 05:06 brenda2512

An inexperienced accountant for Indigo Corporation showed the following in the income statement: income before income taxes $321,000 and unrealized gain on available-for-sale securities (before taxes) $92,400. The unrealized gain on available-for-sale securities and income before income taxes are both subject to a 33% tax rate. Prepare a correct statement of comprehensive income.

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An inexperienced accountant for Indigo Corporation showed the following in the income statement: inc...
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