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An inexperienced accountant for Bramble Corp. showed the following in the income statement: income before income taxes $306,000 and unrealized gain on available-for-sale securities (before
An inexperienced accountant for Bramble Corp. showed the following in the income statement: income before income taxes $306,000 and unrealized gain on available-for-sale securities (before taxes) $91,900. The unrealized gain on available-for-sale securities and income before income taxes are both subject to a 29% tax rate. Prepare a correct statement of comprehensive income. BRAMBLE CORP. Partial Statement of Comprehensive Income a y V V $
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