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What is the income from continuing operations

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Reference no: EM132929161

Sunland Company. follows IFRS and has the following amounts for the year ended December 31, 2020: gain on sale of FV-NI investments (before tax), $12,100; loss from operation of discontinued division (net of tax), $33,300; income from operations (before tax), $169,400; unrealized holding gain-OCI (net of tax), $9,100; income tax on income from continuing operations, $50,900; loss from disposal of discontinued division (net of tax), $60,000. The unrealized holding gain-OCI relates to investments that are not quoted in an active market.

Problem 1: What is the Income from Continuing Operations?

Reference no: EM132929161

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