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For Mortenson Company, the following information is available: Cost of goods sold $115,000 Dividend revenue 5,000 Operating expenses 46,000 Sales revenue 2 2 0,000 Loss

For Mortenson Company, the following information is available:

Cost of goods sold

$115,000

Dividend revenue

5,000

Operating expenses

46,000

Sales revenue

2

2

0,000

Loss on Discontinued Operations

(40,000)

In addition, Morstenson had an unrealized holding gain of $4,200 on securities

classified as available for sale. Morsten as a 30% tax rate. Calculate Mortensons:

a.

Gross Profit: _____________

b.

Income from Continuing Operations: _____________

c.

Net Income: _____________

d.

Comprehensive Income: _____________

please give me detail

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