Allen Company has prepared the top half of the income statement and compound income before lexes to be $680,000. The following accounts, balances, and other information are taken from com accounting records on December 31 balances are before tax Additional information: The severe blizzard is unusual, but not infrequent The bond retirement is considered infrequent and unusual The change in accounting for describable assets went from the double-declining-balance method to the straight-line method. Required Prepare the corporate income statement section that begins with income before taxes. Since the problem requires you to begin with income before taxes all items appearing on the income statement above "income before taxes" will not appear in your solution All items relating to discontinued operations should be combined in a single line on the income statement