\ A gain of

30,000

on the discontinuance of a division (comprised of a

10,000

loss from operations and a

$40,000

gain on\ disposal).\ Assume all items are subject to income taxes at a

20

% tax rate.\ Prepare a partial income statement, beginning with income from continuing operations, and a statement of comprehensive income.\ TRAYER CORPORATION\ Partial Income Statement\ TRAYER CORPORATION\ Statement of Comprehensive Income

Trayer Corporation has income from continuing operations of $290,000 for the year ended December 31,2022 . It also has the following items (before considering income taxes)