In its proposed $2022$ income statement, Culver Corporation reports income before income taxes $$478,000,$ income taxes $$95,600($not including unusual items$),$ loss on operation of discontinued music division $$76,700,$ gain on disposal of discontinued music division $$48,400,$ and unrealized loss on available$-$for$-$sale securities $$141,000.$ The income tax rate is $20\%.$

Prepare a correct partial income statement, beginning with income before income taxes, and a statement of comprehensive income for the year ended December $31,2022$

CULVER CORPORATION

Partial Income Statement

CULVER CORPORATION

Statement of Comprehensive Income