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Carla Vista Corporation has income from continuing operations of $298,000 for the year ended December 31, 2022. It also has the following items (before
Carla Vista Corporation has income from continuing operations of $298,000 for the year ended December 31, 2022. It also has the following items (before considering income taxes). An unrealized loss of $86,000 on available-for-sale securities. A gain of $36,000 on the discontinuance of a division (comprised of a $12,000 loss from operations and a $48,000 gain on disposa Assume all items are subject to income taxes at a 17% tax rate. Prepare a partial income statement, beginning with income from continuing operations, and a statement of comprehensive income for the year ended December 31, 2022. (Enter loss using either a negative sign preceding the number eg -2,945 or parentheses eg (2.945).) CARLA VISTA CORPORATION Income Statement (Partial) v 67 $ CARLA VISTA CORPORATION Statement of Comprehensive Income v $ $ $
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