Cheyenne Corp. has income from continuing operations of $403,000 for the year ended December 31, 2022. It also has the following items (before considering income taxes).

1.		An unrealized loss of $83,000 on available-for-sale securities.
2.		A gain of $31,800 on the discontinuance of a division (comprised of a $8,800 loss from operations and a $40,600 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.

CHEYENNE CORP. Partial Income Statement choose the accounting period For the Year Ended December 31, 2022December 31, 2022For the Month Ended December 31, 2022
select a comprehensive income item Total ExpensesOther Comprehensive IncomeGain from DisposalUnrealized Holding Loss of Available-for-Sale SecuritiesTotal RevenuesDividendsIncome Tax ExpenseDiscontinued OperationsExpensesComprehensive IncomeIncome from Continuing OperationsLoss from OperationsNet Income / (Loss)RevenueRetained EarningsIncome Before Income Taxes				$enter a dollar amount
select an opening name for section one ExpensesOther Comprehensive IncomeNet Income / (Loss)Total RevenuesRevenueDiscontinued OperationsIncome from Continuing OperationsComprehensive IncomeUnrealized Holding Loss of Available-for-Sale SecuritiesTotal ExpensesRetained EarningsDividendsLoss from OperationsGain from DisposalIncome Before Income TaxesIncome Tax Expense
select a comprehensive income item Other Comprehensive IncomeNet Income / (Loss)Retained EarningsLoss from OperationsIncome from Continuing OperationsTotal ExpensesTotal RevenuesDividendsIncome Before Income TaxesRevenueGain from DisposalUnrealized Holding Loss of Available-for-Sale SecuritiesDiscontinued OperationsComprehensive IncomeExpensesIncome Tax Expense		$enter a dollar amount
select a comprehensive income item Gain from DisposalLoss from OperationsIncome from Continuing OperationsRetained EarningsExpensesUnrealized Holding Loss of Available-for-Sale SecuritiesIncome Before Income TaxesDiscontinued OperationsNet Income / (Loss)RevenueIncome Tax ExpenseTotal RevenuesOther Comprehensive IncomeDividendsTotal ExpensesComprehensive Income		enter a dollar amount
				enter a subtotal of the two previous amounts
select a summarizing line for the first part Loss from OperationsOther Comprehensive IncomeGain from DisposalIncome Tax ExpenseExpensesRetained EarningsIncome from Continuing OperationsTotal ExpensesUnrealized Holding Loss of Available-for-Sale SecuritiesIncome Before Income TaxesDiscontinued OperationsComprehensive IncomeRevenueTotal RevenuesNet Income / (Loss)Dividends				enter a total amount for the first part

CHEYENNE CORP. Statement of Comprehensive Income choose the accounting period For the Year Ended December 31, 2022December 31, 2022For the Month Ended December 31, 2022
select a summarizing line for the first part Discontinued OperationsGain from DisposalOther Comprehensive IncomeComprehensive IncomeExpensesNet Income / (Loss)DividendsIncome Tax ExpenseIncome Before Income TaxesIncome from Continuing OperationsUnrealized Holding Loss of Available-for-Sale SecuritiesRevenueTotal RevenuesRetained EarningsLoss from OperationsTotal Expenses				enter a dollar amount
select an opening name for section two Income Before Income TaxesExpensesRevenueLoss from OperationsUnrealized Holding Loss of Available-for-Sale SecuritiesDividendsRetained EarningsOther Comprehensive IncomeGain from DisposalComprehensive IncomeTotal ExpensesIncome Tax ExpenseTotal RevenuesNet Income / (Loss)Income from Continuing OperationsDiscontinued Operations
select a comprehensive income item Income Before Income TaxesNet Income / (Loss)Income Tax ExpenseGain from DisposalComprehensive IncomeExpensesOther Comprehensive IncomeIncome from Continuing OperationsTotal RevenuesRevenueTotal ExpensesRetained EarningsLoss from OperationsDiscontinued OperationsUnrealized Holding Loss of Available-for-Sale SecuritiesDividends				enter a dollar amount
select a closing name for this statement Discontinued OperationsRevenueTotal RevenuesIncome from Continuing OperationsIncome Before Income TaxesIncome Tax ExpenseComprehensive IncomeTotal ExpensesNet Income / (Loss)Unrealized Holding Loss of Available-for-Sale SecuritiesExpensesLoss from OperationsGain from DisposalRetained EarningsDividendsOther Comprehensive Income				$enter a total amount for this statement