Waterway Corporation has incorne from continuling copritions of $$29000$ for the war ended Decimber $31,2022$ it sho has the following hems $($before considerine income taws$).$

An unrealized lows of $$88,000$ on wailable$-$for$-$sale securities$.$

A gain of $$26,000$ on the discontinuance of a division foomgrised of a $$20,000$ lows froen operations and a S$46$ po$0$ gain on disposal$).$

Assume all itcens are subject to income taons at a $25\%$ tac rate.

Prepare a partlal Income statemert, befineing with income from continuing operationa, and a statement of comprehercine ircome. $($Enter loss using elther a negative stan preceding the number e $-2,945$ or porentheses $4(2,945))$

WATERWAY CORPORATION

Income Statement $($Partis$)$

For the vear Ended December $31,2022$

Inetme from Conelnulng Operations

Olscontinued Operations

Wow from Operatons, tiet of income tax Salngt

Calh frow Olupots, Niet of incometam

WATERWAY CORPORATIOM

Statement of Comprehienthe Income

Fer the Year toded brcember $31,2022$

Met income$/($Wosa$)$

Caner Comprehenatre income