1) An inexperienced accountant for Indigo Corporation showed the following in the income statement: net income $ 215,070 and unrealized gain on available-for-sale securities (before taxes) $ 92,400. The unrealized gain on available-for-sale securities is subject to a 33% tax rate. Prepare a correct statement of comprehensive income.

INDIGO CORPORATION Partial Statement of Comprehensive Income
select a comprehensive income item		enter a dollar amount
select an opening section name
select a comprehensive income item		enter a dollar amount
select an closing name for this statement		$ enter a total amount for this statement

2)

In its proposed 2022 income statement, Flint Corporation reports income before income taxes $ 473,000, income taxes $ 94,600 (not including unusual items), loss on operation of discontinued music division $ 62,200, gain on disposal of discontinued music division $42,600, and unrealized loss on available-for-sale securities $ 164,000. The income tax rate is 20%. Prepare a correct partial income statement, beginning with income before income taxes, and a statement of comprehensive income for the year ended December 31, 2022.

FLINT CORPORATION Partial Income Statement choose the accounting period December 31, 2022For the Month Ended December 31, 2022For the Year Ended December 31, 2022
select an income statement item				$ enter a dollar amount
select an income statement item				enter a dollar amount
select a summarizing line for the first part				enter a total amount for the first part
select an opening section name
select an income statement item		$ enter a dollar amount
select an income statement item		enter a dollar amount
				enter a subtotal of the two previous amounts
select a closing name for this statement				enter a total net income or loss amount

FLINT CORPORATION Statement of Comprehensive Income choose the accounting period December 31, 2022For the Year Ended December 31, 2022For the Month Ended December 31, 2022
select a summarizing line for the first part				enter a dollar amount
select an opening name for section two
select a comprehensive income item				enter a dollar amount
select a closing name for this statement				$ enter a total amount for this statement