Clorf Fog- During 2022, Vaughn Corporation had the following amounts, all before calculating tax effects: income before income taxes $490,000. loss on operation of discontinued music division $61.000, gain on disposal of discontinued music division $42.000, and unrealized loss on available-for-sale securities $154,000. The income tax rate is 32% Prepare a partial income statement, beginning with income before income taxes, 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 e.g. (2,945).) Income before Income taxes Income tax expense: Income from continuing operations VAUGHN CORPORATION Income Statement (Partial) For the Year Ended December 31, 2022 Discontinued operations Loss from operations of music division 41480 Gain from disposal of music division 28560 490000 156800 333200 For the Year Ended December 31, 2022 9 Income before income taxes Income tax expense Income from continuing operations Discontinued operations Loss from operations of music division 41480 Gain from disposal of music division 28560 Net income/(loss) VAUGHN CORPORATION Statement of Comprehensive Income 490000 156800 333200 12920 29080 Net income/(loss) Cearni aldorf. dia bliog.... VAUGHN CORPORATION Statement of Comprehensive Income For the Year Ended December 31, 2022 Net income/(loss) Other comprehensive income Unrealized holding loss on available-for-sale securities Comprehensive income eTextbook and Media Save for Later 29080 29080 104720 i 75640 Attempts: 1 of 3 used Submit