In its proposed 2017 income statement, Grinders Limited reports income before income taxes 500,000, income taxes 160,000

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In its proposed 2017 income statement, Grinders Limited reports income before income taxes £500,000, income taxes £160,000 (not including unusual items), loss on operation of discontinued music division £60,000, and gain on disposal of discontinued music division £50,000, and unrealized loss on non-trading securities of £30,000. The income tax rate is 32%. Prepare a correct partial statement of comprehensive income beginning with income before income taxes?
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Financial Accounting

ISBN: 978-1118978085

IFRS 3rd edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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