In its proposed 2022 income statement, Grouper Corp. reports income before income taxes $518,000, income taxes $103,600 (not including unusual items), loss on operation of discontinued music division $76,400, gain on disposal of discontinued music division $32,300, and unrealized loss on available-for-sale securities $160,000. 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.

GROUPER CORP. Partial Income Statement choose the accounting period December 31, 2022For the Month Ended December 31, 2022For the Year Ended December 31, 2022
select an income statement item Comprehensive IncomeDiscontinued OperationsDividendsExpensesGain from Disposal of Music DivisionIncome Before Income TaxesIncome from Continuing OperationsIncome Tax ExpenseLoss from Operations of Music DivisionNet Income / (Loss)Other Comprehensive IncomeRetained EarningsRevenueTotal ExpensesTotal RevenuesUnrealized Holding Loss of Available-for-Sale Securities				$enter a dollar amount
select an income statement item Comprehensive IncomeDiscontinued OperationsDividendsExpensesGain from Disposal of Music DivisionIncome Before Income TaxesIncome from Continuing OperationsIncome Tax ExpenseLoss from Operations of Music DivisionNet Income / (Loss)Other Comprehensive IncomeRetained EarningsRevenueTotal ExpensesTotal RevenuesUnrealized Holding Loss of Available-for-Sale Securities				enter a dollar amount
select an income statement item Comprehensive IncomeDiscontinued OperationsDividendsExpensesGain from Disposal of Music DivisionIncome Before Income TaxesIncome from Continuing OperationsIncome Tax ExpenseLoss from Operations of Music DivisionNet Income / (Loss)Other Comprehensive IncomeRetained EarningsRevenueTotal ExpensesTotal RevenuesUnrealized Holding Loss of Available-for-Sale Securities				enter a total amount for the first part
select an income statement item Comprehensive IncomeDiscontinued OperationsDividendsExpensesGain from Disposal of Music DivisionIncome Before Income TaxesIncome from Continuing OperationsIncome Tax ExpenseLoss from Operations of Music DivisionNet Income / (Loss)Other Comprehensive IncomeRetained EarningsRevenueTotal ExpensesTotal RevenuesUnrealized Holding Loss of Available-for-Sale Securities
select an income statement item Comprehensive IncomeDiscontinued OperationsDividendsExpensesGain from Disposal of Music DivisionIncome Before Income TaxesIncome from Continuing OperationsIncome Tax ExpenseLoss from Operations of Music DivisionNet Income / (Loss)Other Comprehensive IncomeRetained EarningsRevenueTotal ExpensesTotal RevenuesUnrealized Holding Loss of Available-for-Sale Securities		$enter a dollar amount
select an income statement item Comprehensive IncomeDiscontinued OperationsDividendsExpensesGain from Disposal of Music DivisionIncome Before Income TaxesIncome from Continuing OperationsIncome Tax ExpenseLoss from Operations of Music DivisionNet Income / (Loss)Other Comprehensive IncomeRetained EarningsRevenueTotal ExpensesTotal RevenuesUnrealized Holding Loss of Available-for-Sale Securities		enter a dollar amount
				enter a subtotal of the two previous amounts
select an income statement item Comprehensive IncomeDiscontinued OperationsDividendsExpensesGain from Disposal of Music DivisionIncome Before Income TaxesIncome from Continuing OperationsIncome Tax ExpenseLoss from Operations of Music DivisionNet Income / (Loss)Other Comprehensive IncomeRetained EarningsRevenueTotal ExpensesTotal RevenuesUnrealized Holding Loss of Available-for-Sale Securities				enter a total net income or loss amount

GROUPER CORP. Statement of Comprehensive Income choose the accounting period December 31, 2022For the Month Ended December 31, 2022For the Year Ended December 31, 2022
select an income statement item Comprehensive IncomeDiscontinued OperationsDividendsExpensesGain from Disposal of Music DivisionIncome Before Income TaxesIncome from Continuing OperationsIncome Tax ExpenseLoss from Operations of Music DivisionNet Income / (Loss)Other Comprehensive IncomeRetained EarningsRevenueTotal ExpensesTotal RevenuesUnrealized Holding Loss of Available-for-Sale Securities				enter a dollar amount
select an income statement item Comprehensive IncomeDiscontinued OperationsDividendsExpensesGain from Disposal of Music DivisionIncome Before Income TaxesIncome from Continuing OperationsIncome Tax ExpenseLoss from Operations of Music DivisionNet Income / (Loss)Other Comprehensive IncomeRetained EarningsRevenueTotal ExpensesTotal RevenuesUnrealized Holding Loss of Available-for-Sale Securities
select an income statement item Comprehensive IncomeDiscontinued OperationsDividendsExpensesGain from Disposal of Music DivisionIncome Before Income TaxesIncome from Continuing OperationsIncome Tax ExpenseLoss from Operations of Music DivisionNet Income / (Loss)Other Comprehensive IncomeRetained EarningsRevenueTotal ExpensesTotal RevenuesUnrealized Holding Loss of Available-for-Sale Securities				enter a dollar amount
select an income statement item Comprehensive IncomeDiscontinued OperationsDividendsExpensesGain from Disposal of Music DivisionIncome Before Income TaxesIncome from Continuing OperationsIncome Tax ExpenseLoss from Operations of Music DivisionNet Income / (Loss)Other Comprehensive IncomeRetained EarningsRevenueTotal ExpensesTotal RevenuesUnrealized Holding Loss of Available-for-Sale Securities				$enter a total amount for this statement