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During 2022, Waterway corporation had the following amounts Your newer is partly correct During 2022. Waterway Corporation had the following amount o bre calculating waxafecte

During 2022, Waterway corporation had the following amounts
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Your newer is partly correct During 2022. Waterway Corporation had the following amount o bre calculating waxafecte income before income $499.000,louson pertion of contine music vision 563.000, painon disposal of discontinued music division $40,000, and edions ooie for sale securities 5157.000. The income tax rate is 34% Your answer is partially correct During 2022. Waterway Corporation had the following amounts, all before calculating tax effects: income before income taxes $499,000, loss on operation of discontinued music division 563,000. gain on disposal of discontinued music division $40,000. ar unrealized loss on available-for-sale securities $157,000. The income tax rate is 34% Prepare a partial income statement, beginning with income before income taxes and a statement of comprehensive income fort year ended December 31, 2022. (Enter loss using either a negative sig preceding the numberes-2945 or parentheseses (2.9451) WATERWAY CORPORATION Income Statement (Partial) For the Year Ended December 31, 2022 Income before income $ 499000 income tax opere 169560 Income from continuing operations 129340 Discontinued to v Los from operations of musicion 41550 Gaino gorionic music 26400 15319 Netolon WATERWAY CORPORATION 0 BOX O End of Own Question to WATOA O 2 3 5 6 7 B . > o od W E .R T Y 7 THE S D F G . L X C A B M

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