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During 2022, Concord Corporation had the following amounts, all before calculating tax effects; income before income taxes $509,000. loss on operation of discontinued music division

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During 2022, Concord Corporation had the following amounts, all before calculating tax effects; income before income taxes $509,000. loss on operation of discontinued music division $55,000, gain on disposal of discontinued music division $41,000, and unrealized loss on available-for-sale securities $155,000. The income tax rate is 27%. 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 es. 2,945 or parentheses es. (2,945).) $ CONCORD CORPORATHON Statement of Comprehensive Income $ $

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