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Income before income taxes Gain from disposal of music division Income from continuing operations Discontinued operations Loss from operations of music division BRAMBLE CORPORATION Income
Income before income taxes Gain from disposal of music division Income from continuing operations Discontinued operations Loss from operations of music division BRAMBLE CORPORATION Income Statement (Partial) For the Year Ended December 31, 2022 64000 Unrealized holding loss on available-for-sale securities 150000 Net income/(loss) Net income/(loss) Other comprehensive income BRAMBLE CORPORATION Statement of Comprehensive Income For the Year Ended December 31, 2022 Unrealized holding loss on available-for-sale securities Comprehensive income $ 509000 36000 545000 214000 331000 331000 51000 $ 280000 During 2022, Bramble Corporation had the following amounts, all before calculating tax effects: income before income taxes $509,000, loss on operation of discontinued music division $64,000, gain on disposal of discontinued music division $36,000, and unrealized loss on available-for-sale securities $150,000. The income tax rate is 34%. Prepare a partial income statement, beginning with income before income taxes, and a statement of comprehensive income for the year ended December 31, 2022. (Enter loss using either a negative sign preceding the number e.g. -2,945 or parentheses e.g. (2,945).)
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