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Question 9 of 9 During 2022, Oriole Corporation had the following amounts, all before calculating tax effects: income before income taxes $491,000, loss on
Question 9 of 9 During 2022, Oriole Corporation had the following amounts, all before calculating tax effects: income before income taxes $491,000, loss on operation of discontinued music division $57,000, gain on disposal of discontinued music division $41,000, and unrealized loss on available-for-sale securities $154,000. The income tax rate is 27%. 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 either a negative sign preceding the number eg.-2,945 or parentheses e.g. (2,945).) ORIOLE CORPORATION Income Statement (Partial) For the Year Ended December 31, 2022 Income before income taxes $ Question 9 of 9 -/1 1 ORIOLE CORPORATION Statement of Comprehensive Income
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