Question 4 of 5 View Policies Show Attempt History Current Attempt in Progress O 1. Your answer is partially correct. Swifty Corporation has income from continuing operations of $294,000 for the year ended December 31, 2022. It also has the following items (before considering come taxes). 2. 2.11/20 An unrealized loss of $83,000 on available-for-sale securities. A gain of $30,000 on the discontinuance of a division (comprised of a $10,000 loss from operations and a $40,000 gain on disposal). Assume all items are subject to income taxes at a 25% tax rate. Prepare a partial income statement, beginning with income from continuing operations, and a statement of comprehensive income. (Enter loss using either a negative sign preceding the number e.g. -2,945 or parentheses e.g. (2,945).) SWIFTY CORPORATION nama Statamant /Datinn

Swifty Corporation has income from continuing operations of $294,000 for the year ended December 31, 2022. It also has the following items (before considering Lome taxes). 1. An unrealized loss of $83,000 on available-for-sale securities. 2. A gain of $30,000 on the discontinuance of a division (comprised of a $10,000 loss from operations and a $40,000 gain on disposal). Assume all items are subject to income taxes at a 25% tax rate. Prepare a partiat income statement, beginning with income from continuing operations, and a statement of comprehensive income. (Enter loss using either a negotive sign preceding the number es. 2,945 or parentheses 5.8.(2,945) ) Pripare a partiar incomestateinent, begiving with income from continuinc operations, and a statement of conscehensive income