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Trayer Corporation has income from continuing operations of $260,000 for the year ended December 31,...

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Accounting

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Trayer Corporation has income from continuing operations of $260,000 for the year ended December 31, 2020. It also has the following items (before considering income taxes). 1. An unrealized loss of $76,000 on available-for-sale securities. 2. Again of $29,000 on the discontinuance of a division (comprised of a $18,000 loss from operations and a $47,000 gain on disposal). Assume all items are subject to income taxes at a 24% tax rate. Prepare a statement of comprehensive income, beginning with income from continuing operations. (Enter loss using either a negative sign preceding the number e.g. -2,945 or parentheses e.g. (2,945).) TRAYER CORPORATION Partial Statement of Comprehensive Income

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