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An inexperienced accountant for Oriole Corporation showed the following in the income statement: net income $206,250 and unrealized gain on available for sale securities (before

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An inexperienced accountant for Oriole Corporation showed the following in the income statement: net income $206,250 and unrealized gain on available for sale securities (before taxes) $92,400. 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 e.g.-2,945 or parentheses e.g. (2,945).) ORIOLE CORPORATION Statement of Comprehensive Income Income before income taxes Income tax expense Net income/(loss) $

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