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Coronado Corporation has income from continuing operations of ( $ 270,000 ) for the year ended December 31,2022 . It also has the following items
Coronado Corporation has income from continuing operations of \\( \\$ 270,000 \\) for the year ended December 31,2022 . It also has the following items (before considering income taxes). 1. An unrealized loss of \\( \\$ 79,000 \\) on available-for-sale securities. 2. A gain of \\( \\$ 24,000 \\) on the discontinuance of a division (comprised of a \\( \\$ 20,000 \\) loss from operations and a \\( \\$ 44,000 \\) gain on disposal). Assume all items are subject to income taxes at a \21 tax rate. Prepare a partial income statement, beginning with income from continuing operations, and a statement of comprehensive income. (Enter loss using either a negative sign preceding the number e.g. \\( -2,945 \\) or parentheses e.g. \\( (2,945) \\)
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