Novak Corp. has income from continuing operations of $261,000 for the year ended December 31, 2022. It also has the following items ( before considering income taxes).

1. An unrealized loss of $72,000 on available -for -sale securities.

2. A gain of $27,000 on the discontinuance of a division ( comprised of a $9,000 loss from operations and a $36,000 gain on disposal).

Assume all items are subject to income taxes at a 20% tax rate.

Prepare a statement of comprehensive income, beginning with income from continuing operations

NOVAK CORP. Partial Statement of Comprehensive Income $ >>