Fall 2018 #24a

carrots1carrots1
in CCIR.Instructions

If I were to calculate Net Income = ISR + NIR + OIE - Taxes + Discontinued Operations, how does it translate to the items provided in this example?

Is this the right translation?
ISR = U/W income
NIR = Net Investiment Income
OIE = Other Revenue and Expenses
Taxes = Total Income taxes

Also isn't Realized Gains part of Net Investment Income so shouldn't we add it as well?

Thank you!

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