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BlossomCorporation reported the following pre-tax amounts for the year ended August 31, 2021: profit before income tax (on the company's continuing operations), $332,000; loss from

BlossomCorporation reported the following pre-tax amounts for the year ended August 31, 2021: profit before income tax (on the company's continuing operations), $332,000; loss from discontinued operations, $92,000; and gain on disposal of assets of discontinued operations, $61,000.Blossomis subject to a21% income tax rate.

Calculate the income tax expense on continuing operations.

Income tax expense on continuing operations

$

enter the Income tax expense on continuing operations in dollars

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Calculate any income tax expense or savings on each item of discontinued operations.(Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses e.g. (45).)

Income tax

select expense or savings

expensesavingson operating losses$

enter a dollar amount

Income tax

select expense or savings

expensesavingsongain on disposal of assets$

enter a dollar amount

Total income tax

select expense or savings

expensesavingson discontinued operations$

enter a dollar amount

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