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An inexperienced accountant for Swifty Corporation showed the following in the income statement net income $269,250 and unrealized gain on available-for-sale securities (before taxes) $88,800.
An inexperienced accountant for Swifty Corporation showed the following in the income statement net income $269,250 and unrealized gain on available-for-sale securities (before taxes) $88,800. 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 es (2,945)) SWIFTY CORPORATION Statement of Comprehensive Income
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