Question: For the year ended December 31, 2017, Jet Set Airlines reported profit of $920,000 and a gain on an equity investment of $66,000, before income
For the year ended December 31, 2017, Jet Set Airlines reported profit of $920,000 and a gain on an equity investment of $66,000, before income tax. This gain is other comprehensive income. Jet Set has a tax rate of 30%. Prepare a statement of comprehensive income.
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