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partial income statement During 2022, Coronado Corporation had the following amounts, all before calculating tax effects: income before income taxies $507.000, loss on operation of
partial income statement
During 2022, Coronado Corporation had the following amounts, all before calculating tax effects: income before income taxies $507.000, loss on operation of discontinued music division $64,000, gain on disposal of discontinued music division $41,000, and unrealized loss on available-for-sale securities $146,000. The income tax rate is 31%. Prepare a partial income statement, beginning with income before income taxes, and a statement of comprehensive income for the year ended December 31, 2022. (Enter loss using elther a negative sign preceding the number es. 2,945 or parentheses eg. (2,945)) Step by Step Solution
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