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In its proposed 2022 income statement, Marigold Corp. reports income before income taxes $400,000, income taxes $80,000 (not including unusual items), loss on operation of

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In its proposed 2022 income statement, Marigold Corp. reports income before income taxes $400,000, income taxes $80,000 (not including unusual items), loss on operation of discontinued music division $48,000, gain on disposal of discontinued music division $3000, and unrealized loss on available-for-sale securities $120,000. The income tax rate is 20% Prepare a correct statement of comprehensive income, beginning with income before income taxes, MARIGOLD CORP. Partial Statement of Comprehensive Income C. $ C > MARIGOLD CORP Partial Statement of Comprehensive Income > $ >

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