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income from continuing operations of $290,000 for the Prepare statement of owing items (before considering income comprehensive incom E13-2 Trayer Corporation has year ended December
income from continuing operations of $290,000 for the Prepare statement of owing items (before considering income comprehensive incom E13-2 Trayer Corporation has year ended December 31, 2017. It also has the foll taxes) (LO 1), AP 1. An unrealized loss of $80,000 on available-for-sale securities 2. A gain of $30,000 on the discontinuance of a division (comprised of a $10,000 loss ements that resulted in a $20,000 from operations and a $40,000 gain on disposal) 3. A correction of an error in last year's financial stat understatement of 2016 net income. Assume all items are subject to income taxes at a 20% tax rate. Instructions Prepare a statement of comprehensive income, beginning with income from continuing operations
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