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In its proposed 2017 income statement, Sarasota Corp. reports income before income taxes $532,000, income taxes $117,040 (not including unusual items), loss on operation of
In its proposed 2017 income statement, Sarasota Corp. reports income before income taxes $532,000, income taxes $117,040 (not including unusual items), loss on operation of discontinued music division $74,700, gain on disposal of discontinued music division $43,400, and unrealized loss on available-for-sale securities $169,000, The income tax rate is 22% Prepare a correct statement of comprehensive income, beginning with income before income taxes SARASOTA CORP Partial Statement of Comprehensive Income
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