Question 4 A corporation is developing financial statements for the year ended December 31, 2010. The average income tax rate is 30 percent. The following pre-tax data are available: Given the following amounts, prepare a Statement of Comprehensive Income for the year ended December 31, 2010. $420,000 360,000 24,000 22,000 Revenues Expenses Loss from Discontinued Operations (pre-tax) Correction of prior years' error, (credit) Unrealized foreign exchange gain on translation of foreign subsidiary (Pre-Tax) $10,000 Question 5