Brief Exercise 13-06 Net income was $500,000 in 2018, $495,000 in 2019, and $534,600 in 2020. What is the percentage of change from (a) 2018 to 2019, and (b) from 2019 to 2020? Is the change an increase or a decrease?

Brief Exercise 13-06 Net income was $500,000 in 2018, $495,000 in 2019, and $534,600 in 2020. What is the percentage of change from (a) 2018 to 2019, and (b) from 2019 to 2020? Is the change an increase or a decrease? to O decimal places, e.g. 12%.) Amount Percentage (a) 2018-2019 (b) 2019-2020 Click if you would like to Show Work for this question: Open Show Work Brief Exercise 13-07 If Cullumber Company had net income of $376,875 in 2020 and it experienced a 25% increase in net income over 2019, what was its 2019 net income? Net income Exercise 13-02 Your answer is partially correct. Try again. Flint Corporation has income from continuing operations of $389,000 for the year ended December 31, 2020. It also has the following items (before considering income taxes). 1. 2. An unrealized loss of $87,000 on available-for-sale securities. A gain of $40,700 on the discontinuance of a division (comprised of a $7,400 loss from operations and a $48,100 gain on disposal). Assume all items are subject to income taxes at a 17% tax rate. Prepare a statement of comprehensive income, beginning with income from continuing operations. FLINT CORPORATION Partial Statement of Comprehensive Income For the Year Ended December 31, 2020 Income from Continuing Operations Discontinued Operations Loss from Operations Gain from Disposal Net Income /(Loss) Other Comprehensive Income Unrealized Holding Loss of Available-for-Sale Securities Comprehensive Income