Do It! Review 13-1 Your answer is partially correct. Try again. In its proposed 2019 income statement, Monty Corp. reports income before income taxes $609,000, income taxes 103,530 (not including unusual items), loss on operation of discontinued music division $67,400, gain on disposal of discontinued music division $52,700, and unrealized loss on available-for-sale securities $165,000. The income tax rate is 17%. Prepare a correct statement of comprehensive income, beginning with income before income taxes MONTY COR Partial Statement of Comprehensive Income 609000 Income Before Income Taxes (103530) Income Tax Expense 505470 Income from Continuing Operations Discontinued Operations (67400) Loss from Operations of Music Division 52700 Gain from Disposal of Music Division (14700) 52700 Gain from Disposal of Music Division (14700) Net Income/ (Loss) 490770 Other Comprehensive Income 165000 Unrealized Holding Loss of Available-for-Sale Securities 655770 Comprehensive Income