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Wildhorse Corporation has income from continuing operations of $377,000 for the year ended December 31 , 2025 , It also has the following items fbefore
Wildhorse Corporation has income from continuing operations of $377,000 for the year ended December 31 , 2025 , It also has the following items fbefore considering income taxes). 1. Anunrealized loss of $104,000 on available-for-sale securities 2. A gain of $39,000 on the discontinuance of a division icomprised of a $13,000 loss from operations and a $52000 sain on disposal). Assume all items are subject to income taxes at a 2095 tax rate: Prepare a partial income statement, beginning with income from continuingoperations. Prepare a statement of comprehensive income
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