An inexperienced accountant for Crane Transport Corporation showed the following in Crane Transport's $2021$ income statement:

income before income taxes of $$446,000$; and unrealized loss on available$-$for$-$sale debt securities $($before taxes$)$ of $$73,000.$ The

unrealized loss and the income before income taxes are both subject to a $20\%$ tax rate.

Prepare a corrected partial income statement and a statement of comprehensive income

CRANETRANSPORT CORPORATION

Partial Income Statement and Statement of Comprehensive Income

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