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During 2025, Oriole Corporation had the following amounts, all before calculating tax effects: income before income taxes $625,000, loss on operation of discontinued music division

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During 2025, Oriole Corporation had the following amounts, all before calculating tax effects: income before income taxes $625,000, loss on operation of discontinued music division $75,000, gain on disposal of discontinued music division $50,000, and unrealized loss on available-for-sale securities $187,500. The income tax rate is 20%. Prepare a partial income statement, beginning with income before income taxes for the year ended December 31, 2025. Prepare a statement of comprehensive income for the year ended December 31,2025

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