Trayer Corporation has income from continuing operations of $276,000 for the year ended December 31, 2020. It also has the following items (before considering income taxes). 1. An unrealized loss of $70,000 on available-for-sale securities. 2. A gain of $24,000 on the discontinuance of a division (comprised of a $18,000 loss from operations and a $42,000 gain on disposal). Assume all items are subject to income taxes at a 23% tax rate. Prepare a statement of comprehensive income, beginning with income from continuing operations. (Enter loss using either a negative sign preceding the number e. g. -2,945 or parentheses e. g. (2,945).)

Which of the following statements is not correct? the stock of publicly owned companies must generally be registered with and reported to a regulatory agency such as the sec. when stock in a closely held corporation is offered to the public for the first time, the transaction is called "going public, or an ipo," and the market for such stock is called the new issue or ipo market. "going public" establishes a firm's true intrinsic value and ensures that a liquid market will always exist for the firm's shares. if you wanted to know what rate of return stocks have provided in the past, you could examine data on the dow jones industrial index, the s& p 500 index, or the nasdaq index.