DO IT! Review 13-1 In its proposed 2017 income statement, Indigo Corporation reports income before income taxes $499,000, income taxes $79,840 (not including unusual items), loss on operation of discontinued music division $66,800, gain on disposal of discontinued music division $38,400, and unrealized loss on available-for-sale securities $140,000. The income tax rate is 16%. Prepare a correct statement of comprehensive income, beginning with income before income taxes. INDIGO CORPORATION Partial Statement of Comprehensive Income