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1 2 of 10 > 3.3/4.5 -- Your answer is partially correct. = For its fiscal year ending October 31, 2022, Sunland Corporation reports
1 2 of 10 > 3.3/4.5 -- Your answer is partially correct. = For its fiscal year ending October 31, 2022, Sunland Corporation reports the following partial data. Income before income taxes $510,000 Income tax expense (33% x $377,000) 124,410 Income from continuing operations 385,590 Loss on discontinued operations 133,000 Net income $252,590 The loss on discontinued operations was comprised of a $54,000 loss from operations and a $79,000 loss from disposal. The income tax rate is 33% on all items. (a) Prepare a correct partial income statement, beginning with income before income taxes. (Enter loss using either a negative sign preceding the number e.g. -2,945 or parentheses e.g. (2,945).)
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