Trayer Corporation has income from continuing operations of $ 290,000 for the year ended December 31, 2022. It also has the following items (before considering income taxes).

1.		An unrealized loss of $ 80,000 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 20% 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).)

TRAYER CORPORATION Income Statement (Partial) choose the accounting period For the Year Ended December 31, 2022December 31, 2022For the Quarter Ended December 31, 2022
select an income statement item Discontinued OperationsDividendsExpensesUnrealized Holding Loss on Available-for-Sale SecuritiesExtraordinary LossGain from Disposal, Net of Income TaxesLoss from Operations, Net of Income Tax SavingsIncome from Continuing OperationsIncome Tax ExpenseLoss from Operations of Music DivisionComprehensive Income / (Loss)Retained EarningsTotal ExpensesUnrealized Holding Gain on Available-for-Sale SecuritiesLoss from Disposal of Discontinued DivisionGain from Operations of Discontinued DivisionNet Income / (Loss)Other Comprehensive Income				$ enter a dollar amount
select an opening section name Discontinued OperationsDividendsExpensesUnrealized Holding Loss on Available-for-Sale SecuritiesExtraordinary LossGain from Disposal, Net of Income TaxesLoss from Operations, Net of Income Tax SavingsIncome from Continuing OperationsIncome Tax ExpenseLoss from Operations of Music DivisionComprehensive Income / (Loss)Retained EarningsTotal ExpensesUnrealized Holding Gain on Available-for-Sale SecuritiesLoss from Disposal of Discontinued DivisionGain from Operations of Discontinued DivisionNet Income / (Loss)Other Comprehensive Income
select an income statement item Discontinued OperationsDividendsExpensesUnrealized Holding Loss on Available-for-Sale SecuritiesExtraordinary LossGain from Disposal, Net of Income TaxesLoss from Operations, Net of Income Tax SavingsIncome from Continuing OperationsIncome Tax ExpenseLoss from Operations of Music DivisionComprehensive Income / (Loss)Retained EarningsTotal ExpensesUnrealized Holding Gain on Available-for-Sale SecuritiesLoss from Disposal of Discontinued DivisionGain from Operations of Discontinued DivisionNet Income / (Loss)Other Comprehensive Income		$ enter a dollar amount
select an income statement item Discontinued OperationsDividendsExpensesUnrealized Holding Loss on Available-for-Sale SecuritiesExtraordinary LossGain from Disposal, Net of Income TaxesLoss from Operations, Net of Income Tax SavingsIncome from Continuing OperationsIncome Tax ExpenseLoss from Operations of Music DivisionComprehensive Income / (Loss)Retained EarningsTotal ExpensesUnrealized Holding Gain on Available-for-Sale SecuritiesLoss from Disposal of Discontinued DivisionGain from Operations of Discontinued DivisionNet Income / (Loss)Other Comprehensive Income		enter a dollar amount
				enter a subtotal of the two previous amounts
select a closing name for this statement Discontinued OperationsDividendsExpensesUnrealized Holding Loss on Available-for-Sale SecuritiesExtraordinary LossGain from Disposal, Net of Income TaxesLoss from Operations, Net of Income Tax SavingsIncome from Continuing OperationsIncome Tax ExpenseLoss from Operations of Music DivisionComprehensive Income / (Loss)Retained EarningsTotal ExpensesUnrealized Holding Gain on Available-for-Sale SecuritiesLoss from Disposal of Discontinued DivisionGain from Operations of Discontinued DivisionNet Income / (Loss)Other Comprehensive Income				$ enter a total net income or loss amount
TRAYER CORPORATION Statement of Comprehensive Income choose the accounting period For the Year Ended December 31, 2022December 31, 2022For the Quarter Ended December 31, 2022
select an income statement item Discontinued OperationsDividendsExpensesUnrealized Holding Loss on Available-for-Sale SecuritiesExtraordinary LossGain from Disposal, Net of Income TaxesLoss from Operations, Net of Income Tax SavingsIncome from Continuing OperationsIncome Tax ExpenseLoss from Operations of Music DivisionComprehensive Income / (Loss)Retained EarningsTotal ExpensesUnrealized Holding Gain on Available-for-Sale SecuritiesLoss from Disposal of Discontinued DivisionGain from Operations of Discontinued DivisionNet Income / (Loss)Other Comprehensive Income				$ enter a dollar amount
select an opening section name Discontinued OperationsDividendsExpensesUnrealized Holding Loss on Available-for-Sale SecuritiesExtraordinary LossGain from Disposal, Net of Income TaxesLoss from Operations, Net of Income Tax SavingsIncome from Continuing OperationsIncome Tax ExpenseLoss from Operations of Music DivisionComprehensive Income / (Loss)Retained EarningsTotal ExpensesUnrealized Holding Gain on Available-for-Sale SecuritiesLoss from Disposal of Discontinued DivisionGain from Operations of Discontinued DivisionNet Income / (Loss)Other Comprehensive Income
select an income statement item Discontinued OperationsDividendsExpensesUnrealized Holding Loss on Available-for-Sale SecuritiesExtraordinary LossGain from Disposal, Net of Income TaxesLoss from Operations, Net of Income Tax SavingsIncome from Continuing OperationsIncome Tax ExpenseLoss from Operations of Music DivisionComprehensive Income / (Loss)Retained EarningsTotal ExpensesUnrealized Holding Gain on Available-for-Sale SecuritiesLoss from Disposal of Discontinued DivisionGain from Operations of Discontinued DivisionNet Income / (Loss)Other Comprehensive Income				enter a dollar amount
select a closing name for this statement Discontinued OperationsDividendsExpensesUnrealized Holding Loss on Available-for-Sale SecuritiesExtraordinary LossGain from Disposal, Net of Income TaxesLoss from Operations, Net of Income Tax SavingsIncome from Continuing OperationsIncome Tax ExpenseLoss from Operations of Music DivisionComprehensive Income / (Loss)Retained EarningsTotal ExpensesUnrealized Holding Gain on Available-for-Sale SecuritiesLoss from Disposal of Discontinued DivisionGain from Operations of Discontinued DivisionNet Income / (Loss)Other Comprehensive Income				$ enter a total amount