Canton Corporation reported the following items in its adjusted trial balance for the year ended December 31, 2021 Income from continuing operations before income taxes Gain on disposal of discontinued component Loss from operations of discontinued component $102,000 20,800 (42,980) Canton is subject to a 25% tax rate. Required: Prepare the December 31, 2021, income statement for Conton Corporation, starting with income from continuing operations before income taxes. (Amounts to be deducted should be indicated with a minus sign.) CANTON CORPORATION Partial Income Statement For the Year Ended December 31, 2021 Income from continuing operations Discontinued operations: Loss on discontinued operations Net income (loss)