Question: Current Attempt in Progress For the year ended December 31, 2021, Blossom Airlines reported profit of $ 930,000 and a gain on an equity investment

Current Attempt in Progress For the year ended December 31, 2021,

Current Attempt in Progress For the year ended December 31, 2021, Blossom Airlines reported profit of $ 930,000 and a gain on an equity investment of $ 73,000, before income tax. This holding gain is other comprehensive income. Blossom has a tax rate of 35%. Prepare a statement of comprehensive income. BLOSSOM AIRLINES Statement of Comprehensive Income $

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