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Find income from continuing operations

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Question - Concord Corporation follows IFRS and has the following amounts for the year ended December 31, 2020: gain on sale of FV-NI investments (before tax), $14,500; loss from operation of discontinued division (net of tax), $40,500; income from operations (before tax), $217,500; unrealized holding gain-OCI (net of tax), $11,500; income tax on income from continuing operations, $60,500; loss from disposal of discontinued division (net of tax), $71,500. The unrealized holding gain-OCI relates to investments that are not quoted in an active market.

Required -

Find Income from continuing operations?

Find Net Income?

Find Other Comprehensive Income?

Find Comprehensive income?

Reference no: EM132673068

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