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In its proposed 2017 income statement, Hrabik Corporation reports income before income taxes $499, 000, income taxes $169, 660 (not including unusual items), loss on
In its proposed 2017 income statement, Hrabik Corporation reports income before income taxes $499, 000, income taxes $169, 660 (not including unusual items), loss on operation of discontinued music division $63, 000, gain on disposal of discontinued music division $40, 000, and unrealized loss on available-for-sale securities $157, 000. The income tax rate is 34%. Prepare a correct statement of comprehensive income, beginning with income before income taxes
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