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Prepare income statement of comprehensive income, beginning with income from the continuing operations in the images provided? X + edugen.wileyplus.com/edugen/Iti/main.uni Started Imported From Fire.. Return

Prepare income statement of comprehensive income, beginning with income from the continuing operations in the images provided?

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X + edugen.wileyplus.com/edugen/Iti/main.uni Started Imported From Fire.. Return to Blackboard S Weygandt, Accounting Principles, 13e Help | System Announcements Your answer is partially correct. Try again. Trayer Corporation has ome from continuing operations of $256,000 for the year ended December 31, 2020. It also has the following items (before considering income taxes) 1. An unrealized loss of $86,000 on available-for-sale securities. 2. A gain of $32,000 on the discontinu ance of a division (comprised of a $18,000 loss from operations and a $50,000 gain on disposal). Assume all items are subject to income taxes at a 25% tax rate. Prepare a statement of comprehensive income, beginning with income from continuing operations. (Enter loss using either a negative sign preceding the number e.g. -2,945 or pare TRAYER CORPORATION Partial Statement of Comprehensive Income For the Year Ended December ecember 31, 2020 v Income from Continuing Operations 256000 Loss from Operations, Net of Income Tax Savings 86000 Gain from Disposal, Net of Income Taxes 32000 54000 Loss from Operations, Net of Income Tax Savings 202000 s-for Bale Securities here to search O G

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