Question: Your answer is partially correct. Try again. Monty Corp. has income from continuing operations of $414,000 for the year ended December 31, 2020. It also

 Your answer is partially correct. Try again. Monty Corp. has income

Your answer is partially correct. Try again. Monty Corp. has income from continuing operations of $414,000 for the year ended December 31, 2020. It also has the following items (before considering income taxes) 1. An unrealized loss of $71,500 on available for sale securities 2. A gain of $33,000 on the discontinuance of a division (comprised of a $10,000 loss from operations and a 543,000 gain on disposat) Assume all items are subject to income taxes at a 24% tax rate. Prepare a statement of comprehensive income, beginning with income from continuing operations. MONTY CORP. Partial Statement of Comprehensive Income For the Year Ende December 11, 2020 414000 Income from Continuing Operations Discontinued Operations Los from operations 10320 Calin mo 7920 42.920 Net Income / Other Comprehen.com 17232 und Hadim to af stable for Sale Securities 404600 Compreencom

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