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Prepare a correct statement of comprehensive income

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Reference no: EM133092622

Question - An inexperienced accountant for Bramble Corporation showed the following in the income statement: net income $263,250 and unrealized gain on available-for-sale securities (before taxes) $87,100. The unrealized gain on available-for-sale securities is subject to a 25% tax rate. Prepare a correct statement of comprehensive income.

Reference no: EM133092622

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