Canton Corporation reported the following items in its adjusted trial balance for the year ended December 21, 2024 Income continuing operations before on disposal of discontinued component from operations of component 113,000 30,700 53,000) Canton subject to a 25% tax rate Required: Prepare the December 31, 2024, income statement for Canton Corporation, starting with income from continuing operations before income taxes Note: Amounts to be deducted should be indicated with a minus CANTON CORPORATION Partial Income Statement For the Year Ended December 31, 2024