An inexperienced accountant for Concord Corporation showed the following in the income statement: net income $254,250 and unrealized gain on available-for-sale securities (before taxes) $93,800. The unrealized gain on available-for-sale securities is subject to a 25% tax rate Prepare a correct statement of comprehensive income. (Enter loss using either a negative sign preceding the number eg.-2,945 or parentheses eg. (2,945)) CONCORD CORPORATION Statement of Comprehensive Income Income before Income taxes Other comprehensive Income Unrealized holding gain on available-for-sale securities V Comprehensive Income (loss) V S 254250 70350