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1403, BE4-4 Green Day Corporation had income from continuing operations of $12,600,000 in 2007. During 4) 2007, it disposed of its restaurant division at an
1403, BE4-4 Green Day Corporation had income from continuing operations of $12,600,000 in 2007. During 4) 2007, it disposed of its restaurant division at an after-tax loss of $189,000. Prior to disposal, the division operated at a loss of $315,000 (net of tax) in 2007. Green Day had 10,000,000 shares of common stock out standing during 2007. Prepare a partial income statement for Green Day beginning with income from con- tinuing operations
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