Bridgeport Inc. reported income from continuing operations of $89,800 and a loss from discontinued operations of $15,800 in 2020, all before income taxes. All items are fully taxable and deductible for tax purposes. Prepare the bottom of the income statement for Bridgeport Inc., beginning with income from continuing operations before income tax. Assume a tax rate of 25%.

Bridgeport Inc. (Partial) Income Statement choose the accounting period For the Month Ended 2020For the Quarter Ended 2020For the Year Ended 2020
select an income statement item Applicable Income Tax SavingsIncome from Continuing OperationsDiscontinued OperationsIncome from Continuing Operations Before Income TaxIncome Tax ExpenseLoss from Discontinued OperationsIncome from Discontinued OperationsNet Income / (Loss)				$enter a dollar amount
select an income statement item Discontinued OperationsLoss from Discontinued OperationsIncome from Continuing Operations Before Income TaxNet Income / (Loss)Income from Discontinued OperationsApplicable Income Tax SavingsIncome from Continuing OperationsIncome Tax Expense				enter a dollar amount
select a summarizing line for the first part Loss from Discontinued OperationsIncome from Continuing Operations Before Income TaxIncome from Continuing OperationsDiscontinued OperationsApplicable Income Tax SavingsNet Income / (Loss)Income from Discontinued OperationsIncome Tax Expense				enter a total amount for the first part
select an opening section name Income from Continuing OperationsNet Income / (Loss)Discontinued OperationsApplicable Income Tax SavingsIncome from Discontinued OperationsIncome from Continuing Operations Before Income TaxIncome Tax ExpenseLoss from Discontinued Operations:
select an income statement item Income from Continuing Operations Before Income TaxIncome Tax ExpenseLoss from Discontinued OperationsIncome from Discontinued OperationsDiscontinued OperationsNet Income / (Loss)Applicable Income Tax SavingsIncome from Continuing Operations		$enter a dollar amount
select between addition and deduction AddLess: select an income statement item Applicable Income Tax SavingsIncome from Continuing OperationsLoss from Discontinued OperationsDiscontinued OperationsNet Income / (Loss)Income from Discontinued OperationsIncome from Continuing Operations Before Income TaxIncome Tax Expense		enter a dollar amount
				enter a subtotal of the two previous amounts
select a closing name for this statement Income Tax ExpenseNet Income / (Loss)Income from Continuing OperationsIncome from Discontinued OperationsDiscontinued OperationsApplicable Income Tax SavingsIncome from Continuing Operations Before Income TaxLoss from Discontinued Operations				$enter a total net income or loss amount

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