Complete the following table by indicating: 1. The section of the income statement where the item should be included (e. g., operating, non- operating, discontinued operations), and 2. Whether the event is reported net of tax. The first event is completed as a guide.

Income Statement Classification Reported Net of Tax? Event Loss on disposal of equipment Gain on sale of plant assets Non-operating No Loss on inventory write-off after govermment prchibition Operating income Unrealized loss on available-for-sale investments Gain on disposal of expropriated land Unrealized gain on trading securities Operating income of discontinued division Loss on inventory write-off due to obsolescence