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Current Attempt in Progress

The Flounder Corporation had income from continuing operations of $$12\mathrm{.}8$ million in $2023.$ During $2023,$ it disposed of its restaurant

division at a loss of $$82,000($net of tax of $$38,000).$ Before the disposal, the division operated at a loss of $$218,000($net of tax of

$$135,000)$ in $2023.$ Flounder also had an unrealized gain$-$OCI of $$44,000($net of tax of $$18,000)$ related to its FV$-$OCl equity

investments. Flounder had $10$ million common shares outstanding during $2023.$

Prepare a partial statement of financial performance for Flounder, beginning with income from continuing operations.

Flounder Corporation

Partial Statement of Financial Performance

For the Year Ended December $31,2023$