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lYour answer is partially conmect. Try again Trayer Corporation has income from continuing operations of S403,000 for the year ended December 31, 2017. lt also
lYour answer is partially conmect. Try again Trayer Corporation has income from continuing operations of S403,000 for the year ended December 31, 2017. lt also has the following iteme (before considening income taes) 1. An unreaized loss of $83,000 on aveilable-for-sale securities 2. A gain of $31,800 on the discontinuance of a vision (comprised of a $8,800 lass from operations and a $40.600 gain on disposal). 3. A correction of an aror in last year's financial statements that resulted in a $20,000 understatemant of 2016 net income. Assume all items ere subject to income texes et 17% tax rate Prepare a statement of comprehensive income, beginning with income from continuing operations CHEYENNE Income Income from Continuing Operations 403, Discontinued Operations Gsin from Disposel 33. Loss from Operations Net Income/ (Loss) Unrealized Holding Loss of Available-for-Sale Securities (68,890 75,1 Click if you would like to Show Work for this question: Open Show Work Question Attempts: 3 of S used
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