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In its proposed 2017 income statement, Hrabik Corporation reports income before income taxes $499,000, income...

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Accounting

In its proposed 2017 income statement, Hrabik Corporation reports income before income taxes $499,000, income taxes $169,660 (not including unusual items), loss on operation of discontinued music division $63,000, gain on disposal of discontinued music division $40,000, and unrealized loss on available-for-sale securities $157,000. The income tax rate is 34%. Prepare a correct statement of comprehensive income, beginning with income before income taxes. HRABIK CORPORATION Partial Statement of Comprehensive Income $ $ $

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