Cherkas Ltd. has profit from continuing operations of $320,000 for the year ended December 31, 2014. It also has the following items (before considering income tax):

1. A net gain of $60,000 from the discontinuance of a component of the entity, which includes a $90,000 profit from the operation of the segment and a $30,000 loss on its disposal.

2. Other comprehensive income of a gain on equity investments of $20,000.

Assume that the income tax rate on all items is 30%.

Instructions

Prepare a partial statement of comprehensive income, beginning with profit from continuing operations, using the all-inclusive format?