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Grouper Corp. has income from continuing operations of $ 249,400 for the year ended December...

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Accounting

Grouper Corp. has income from continuing operations of $ 249,400 for the year ended December 31, 2022. It also has the following items (before considering income taxes).

1. An unrealized loss of $ 68,800 on available-for-sale securities.
2. A gain of $ 25,800 on the discontinuance of a division (comprised of a $ 8,600 loss from operations and a $ 34,400 gain on disposal).

Assume all items are subject to income taxes at a 20% tax rate. Prepare a statement of comprehensive income, beginning with income from continuing operations.

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