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 $ 113,000 Gain on disposal of discontinued component 30,700 Loss from operations of discontinued component (53,000) Canton is subject to a 25% tax rate. Required: Prepare the December 31, 2021, income statement for Canton 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 Prepare the December 31, 2021. income statement 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 Edit For 12pt Income from continuing operations Discontinued operations: Loss on discontinued operations Net income (loss) ON