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For the year ended December 31, 2024, Cullumber Airlines reported profit of $930,000 and a holding gain on an equity investment of $76,000, before income
For the year ended December 31, 2024, Cullumber Airlines reported profit of $930,000 and a holding gain on an equity investment of $76,000, before income tax. This gain is other comprehensive income. Cullumber has a tax rate of 30%. Prepare a statement of comprehensive income. CULLUMBER AIRLINES Statement of Comprehensive Income S
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