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The Pronghorn Corporation had income from continuing operations of $ 1 2 8 million in 2 0 2 3 . During 2 0 2 3

The Pronghorn Corporation had income from continuing operations of $128 million in 2023. During 2023, it disposed of its restaurant division at a loss of $89,000(net of tax of $38,000). Before the disposal, the division operated at a loss of $211,000(net of tax of $135,000) in 2023. Pronghorn also had an unrealized gain-OCI of $42,000(net of tax of $18,000) related to its FV-OCl equity investments. Pronghorm had 10 million common shares outstanding during 2023.
Prepare a partial statement of financial performance for Pronghorn, beginning with income from continuing operations.
Pronghorn Corporation
Partial Statement of Financial Performance
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