Trayer Corporation has income from continuing operations of $260,000 for the year ended December 31, 2017. It also has the following items (before considering income taxes). An unrealized of $76,000 on available for-sale securities A gain of $29,000 on the discontinuance of a division (comprised of a $18,000 loss from operations and a $47,000 gain on disposal) A correction of an error in last year's financial statements that resulted in a $24,000 understatement of 2016 net income. Assume all items are subjected to income taxes at a 24% tax rate. Prepare an income statement, beginning with income from continuing operations