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Flounder Corp. has income from continuing operations of $ 4 2 4 , 0 0 0 for the year ended December 3 1 , 2
Flounder Corp. has income from continuing operations of $
for the year ended December It also has the following
items before considering income taxes An unrealized loss of $ on availableforsale
securities A gain of $ on the discontinuance of a division
comprised of a $ loss from operations and a $ gain on
disposalAssume all items are subject to income taxes at a tax
rate.Prepare a statement of comprehensive income, beginning with
income from continuing operations.
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