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taxes $165,990 (not including unusual items), loss on operation of discontinued In its proposed 2017 income statement, Hrabik music division $63,000, gain on disposal of

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taxes $165,990 (not including unusual items), loss on operation of discontinued In its proposed 2017 income statement, Hrabik music division $63,000, gain on disposal of discontinued music division $39 reports income ,000, and unrealized loss on available-for-sale securities $141,000. The income tax rate is 33%. statement, beginning with income before income taxes. of 503000 165990 337010 Loss from operations of di division 300 24000 337010 141000

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