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Business, 07.06.2020 00:00 zakariaaap1

An inexperienced accountant for Marigold Corp. showed the following in the income statement: income before income taxes $432,000 and unrealized gain on available-for-sale securities (before taxes) $85,200. 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 Marigold Corp. showed the following in the income statement: income...
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