Question: Riverbed Corp has income from continuing operations of $394,000 for the year ended December 31, 2020. It also has the following items (before considering income
Riverbed Corp has income from continuing operations of $394,000 for the year ended December 31, 2020. It also has the following items (before considering income taxes). 1. An unrealized loss of $57,800 on available-for-sale securities. A gain of $24.400 on the discontinuance of a division (comprised of a $5,900 loss from operations and a $30,300 gain on disposal). 2. Assume all items are subject to income taxes at a 22% tax rate. Prepare a statement of comprehensive income, beginning with income from continuing operations. RIVERBED CORP Partial Statement of Comprehensive Income >
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