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An inexperienced accountant for Silva Corporation showed the following in the income statement income before income taxes $ 350,000, and unrealized gain on available for

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An inexperienced accountant for Silva Corporation showed the following in the income statement income before income taxes $ 350,000, and unrealized gain on available for sale securities (before taxes) $ 87,000. The unrealized gain on available-for-sale securities and income before income taxes are both subject to a 36% tax rate. Prepare a correct statement of Comprehensive income. (Enter loss using either a negative sign preceding the numberes. -2,945 or parentheses eg. (2,945)) SILVA CORPORATION Partial Statement of Comprehensive Income $ $ SILVA CORPORATION Partial Statement of Comprehensive Income $ Income tax expense Unrealized holding gain on available-for-sale securities Unrealized loss on available-for-sale securities Dividends Comprehensive income / (loss) Income before income taxes Other comprehensive income Net income / (loss) $

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