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Boston Inc has income from continuing operations of $290,000 for the year ended December 31, 2017. It also has the following items (before considering income

Boston Inc has income from continuing operations of $290,000 for the year ended December 31, 2017. It also has the following items (before considering income taxes).

An unrealized loss of $80,000 on available-for-sale securities.

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).

A correction of an error in last year's financial statements that resulted in a $20,000 understatement of 2016 net income.

Assume all items are subject to income taxes at a 20% tax rate.

Need to prepare statement of comprehensive income, beginning with income from continuing operations.

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Partial Statement of Comprehensive Income For the Year Ended December 31, 2017 Income from Continuing Operations $ 290000 Discontinued Operations * Gain from Disposal 32000 Loss from Operations 8000 * 240003 * Net Income / (Loss) 251200 Other Comprehensive Income Unrealized Holding Loss of Available-for-Sale Securities 64000 x Comprehensive Income 187200

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