During the current year, Ediza Corporation sold a segment of its business at a loss of \($175,000\). Until it was sold, the segment had a current period operating loss of \($200,000\). The company has \($750,000\) income from continuing operations for the current year. Pre- pare the lower part of the income statement, beginning with the \($750,000\) income from continuing operations. Follow tax allocation procedures, assuming that all changes in income are subject to a 20% income tax rate. Disregard earnings per share disclosures.