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Casper's Cookie Company has income from continuing operations of $651,000 (after tax) for the year ended December 31, 2020. It also has the following items

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Casper's Cookie Company has income from continuing operations of $651,000 (after tax) for the year ended December 31, 2020. It also has the following items (before considering income taxes): (1) (2) An unrealized loss of $120,000 available-for-sale-securities. A gain of $60,000 on the discontinuance of a major component. **Assume all items are subject to income taxes at a 30% tax rate. Prepare a partial income statement, beginning with income from continuing operations

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