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An inexperienced accountant for Martinez Corp. showed the following in the income statement: income before income taxes $313,000 and unrealized gain on available for-sale securities
An inexperienced accountant for Martinez Corp. showed the following in the income statement: income before income taxes $313,000 and unrealized gain on available for-sale securities (before taxes) $33,000. The unrealized gain on available-for sale securities and income before income taxes are both subject to a 31% tax rate. Prepare a correct statement of comprehensive Income
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