ter 10 Question 1 of 4 View Policies Show Attempt History Current Attempt in Progress 2 Monty Corp.has income from continuing operations of $414,000 for the year ended December 31, 2022. It also has the following items (before considering income taxes). 1. 2. S Assume all items are subject to income taxes at a 24% tax rate. (a) F2 W An unrealized loss of $71,800 on available-for-sale securities. A gain of $33,000 on the discontinuance of a division (comprised of a $10,000 loss from operations and a $43,000 gain on disposal). Your answer is partially correct. Prepare a partial income statement beginning with income from continuing operations. #3 80 F3 E D S4 $ 4 Q F4 R F do 5 % MONTY CORP. Partial Income Statement F5 T G A 6 MacBook Air F6 Y & 7 H A F7 U * 8 J DII F8 1 9 K 0.36/1 = 8 F9 0 ) 0 L 7 F10 P

Prepare a partial income statement beginning with income from continuing operations. Monty Corp.has income from continuing operations of $414,000 for the year ended December 31,2022 . It also has the fodlowing items (before considering income taxes) 1. Anunrealized loss of $71,800 on available-for-sale securities. 2. A gain of $33,000 on the discontinuance of a diviston (comprised of a $10,000 loss from operations and a 543,000 gain on disposal), Assume all items are subject to income taves at a 24% taxcrate. Prepare a partial income statement beginning with income from continuing operations