Question 37 View Policies Current Attempt in Progress Swifty, Inc. decided on January 1 to discontinue its telescope manufacturing division. On July 1. the division's assets with a book value of $1280000 are sold for $900000. Operating income from January 1 to June 30 for the division amounted to $134000. Ignoring income taxes, what total amount should be reported on Swifty's income statement for the current year under the caption Discontinued Operations? $134000 loss $380000 loss $246000 loss $514000 loss Attempts: 0 of 1 used Save for Later Assignment sent to Gradebook. Your grade is being recorded. Thu Apr 16, 2020,8:1700 PM (America/New York-04-001 Bramble's by the Tracks has the following partial balance sheet: BRAMBLE'S BY THE TRACKS Balance Sheet (partial) Stockholders' Equity: Common Stock Retained Earnings Total Paid-in capital and retained earnings Add: Unrealized gain on available-for-sale securities Total Stockholders' Equity: $6000000 1900000 7900000 840000 $8740000 Ignoring income taxes, what effect will the unrealized gain on available-for-sale securities have on comprehensive income? No effect on comprehensive income. Increase of $8740000 in comprehensive income. Increase of $840000 in comprehensive income. Decrease of $840000 in comprehensive income