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Exercise 18-02 Trayer Corporation has income from continuing operations of $266,000 for the year ended December 31, 2020 also has the following items (before considering
Exercise 18-02 Trayer Corporation has income from continuing operations of $266,000 for the year ended December 31, 2020 also has the following items (before considering income taxes). An unrealized loss of $84,000 on available-for-sale securities. 1. n disposal). A qain of $27,000 on the discontinuance of a division (comprised of a $16,000 loss from operations and a $43,000 gain 2. Assume all items are subject to income taxes at a 21% tax rate Prepare a statement of comprehensive income, beginning with income from continuing operations. (Enter loss using either a negative sign preceding the number e.g. -2,945 or parentheses e.g. (2,945).) TRAYER CORPORATION Partial Statement of Comprehensive Income
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