What is the income from discontinued operations, continuing operations before tax, Net income, and comprehensive income.

In $2015,$ Cook, Co$.$ discontinued its Book division, but the disposal did not take place until $2016.$ In $2015,$ the Book division had a pretax operating income of $$210,000.$ The Book division had a historical cost of $$3,500,000$ and Accumulated Depreciation of $$2,100,000.$ At the end of $2015,$ the fair value of the Book division was $$1,580,000$ with an estimated cost of disposal of $$300,000.$

In $2016,$ the Book division had a pretax operating income of $$170,000.$ The sales price of the Book division was $$1,480,000,$ but Cook had to pay $$258,000$ cost to sell the Book division. Income tax expense for the year has yet to be accrued. Cook$$s income tax rate is $25\%$ on all items.

Sales

$1,000,000$

COGS

$215,600$

Research and Development

$14,000$

Gain on Land Sale

$35,500$

Selling Expenses

$240,000$

Unrealized Foreign Currency Translation Gain

$42,000$

Unrealized Loss on Trading Securities

$10,000$

Preferred Stock Dividends

$55,000$

Unrealized Gain on AFS Securities

$51,000$

Common Stock Dividends

$15,000$

Labor strike loss $(1$st ever$)$

$10,900$

Dividend Revenue

$17,800$

Sales Discount

$20,000$

On$-$going Restructuring Costs

$16,000$

Info about common stock

Classification:

Jan $1$

Dec $31$

Authorized

$200,000$

$200,000$

Issued

$90,000$

$140,000$

Outstanding

$75,000$

$125,000$