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Flounder Corp. has income from continuing operations of $ 4 2 4 , 0 0 0 for the year ended December 3 1 , 2

Flounder Corp. has income from continuing operations of $424,000
for the year ended December 31,2020. It also has the following
items (before considering income taxes).1. An unrealized loss of $60,300 on available-for-sale
securities.2. A gain of $33,400 on the discontinuance of a division
(comprised of a $7,300 loss from operations and a $40,700 gain on
disposal).Assume all items are subject to income taxes at a 19% tax
rate.Prepare a statement of comprehensive income, beginning with
income from continuing operations.

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