2a. What is the amount of income from continuing operations before income taxes? 2b. What is the amount of income taxes expense? 2c. What is the amount of income from continuing operations? 3. What is the total amount of after tax income associated with the discontinued segment? 4. What is the net income for the year?

Chapter 17 Homework 6 10 0 Part 2 of 4 The folowing information applies to the questions displayed below Selected account balances from the adjusted trial balance for Olinda Corporation as of its calendar year-end December 31. 2017, follow 10 5 15,300 b. Depreciation expense-Equipment 35,300 27,150 Loss on sale of equipment d. Accounts payable e. Other operating expenses F. Accumulated deprectation-Equipment t. Gain fron settlement of lawsuit h. Accunulated depreciation-Buildings 5,300 107,700 72,900 45,300 Loss from operating a dlscont inued segment (pretax) 19,550 Gein on insurance recovery of tornado danage 1,011,5ee 1. Depreclation expense-Buildings . Correction of overstatement of prior year s sales (pretax) n. Gain on sale of discontinued segeeet's assets (pretax) o. Loss from settlement of lausuit P. Incone taxes expense 4. Cost of goods sold 3, 300 17,3 23,050 493,500 2n. What is the amount of income from continuing operations before income taxes? 2b. What is the amount of the income taxes expense? 2c. What is the amount of income from continuing operations? Complete this question by entering your answers in the tabs below. Req 2A Rnq 2B Req 2C What is the amount of incoeme from continuing operations before income taxces? ecome Fore continuing operations before taxes $ 327 800 Chapter 17 Homework 6 10 0 Part 2 of 4 The folowing information applies to the questions displayed below Selected account balances from the adjusted trial balance for Olinda Corporation as of its calendar year-end December 31. 2017, follow 10 5 15,300 b. Depreciation expense-Equipment 35,300 27,150 Loss on sale of equipment d. Accounts payable e. Other operating expenses F. Accumulated deprectation-Equipment t. Gain fron settlement of lawsuit h. Accunulated depreciation-Buildings 5,300 107,700 72,900 45,300 Loss from operating a dlscont inued segment (pretax) 19,550 Gein on insurance recovery of tornado danage 1,011,5ee 1. Depreclation expense-Buildings . Correction of overstatement of prior year s sales (pretax) n. Gain on sale of discontinued segeeet's assets (pretax) o. Loss from settlement of lausuit P. Incone taxes expense 4. Cost of goods sold 3, 300 17,3 23,050 493,500 2n. What is the amount of income from continuing operations before income taxes? 2b. What is the amount of the income taxes expense? 2c. What is the amount of income from continuing operations? Complete this question by entering your answers in the tabs below. Req 2A Rnq 2B Req 2C What is the amount of incoeme from continuing operations before income taxces? ecome Fore continuing operations before taxes $ 327 800