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Current Attempt in Progress During, 2022, Concord Corporation had the following amounts. all before calculating tax effects: income before income taxes $506,000,105 on operation of

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Current Attempt in Progress During, 2022, Concord Corporation had the following amounts. all before calculating tax effects: income before income taxes $506,000,105 on operation of discontinued music division $59,000, gain on disposal of discontinued music division $37,000, and unrealized loss on available-for-sale securities $146,000. The income tax rate is 25%, 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 sisn preceding the number e.g. 2,945 or parentheses eg. (2,945).) CONCORD CORPORATION Income Statement (Partial) $

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