View Policies Current Attempt in Progress Cullumber Corporation has income from continuing operations of $296,000 for the year ended December 31, 2022. It also has the following items (before considering income taxes). 1. An unrealized loss of $88,000 on available-for-sale securities. 2. A gain of $26,000 on the discontinuance of a division (comprised of a $20,000 loss from operations and a $46,000 gain on dispo Assume all items are subject to income taxes at a 25% tax rate. Prepare a partial income statement, beginning with income from continuing operations, and a statement of comprehensive income for the year ended December 31, 2022. (Enter loss using either a negative sign preceding the number e.g. -2,945 or parentheses e.g. (2,945).) CULLUMBER CORPORATION Income Statement (Partial) $ $ 4 $ $ CULLUMBER CORPORATION Statement of Comprehensive Income $ $ e Textbook and Media Save for Later Attempts: 0 of 3 used Submit