Chuba Hubbard Corporation reported the following in the 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 $105,000 23,500 (45,000) Chuba Hubbard Corp. is subject to a 25% tax rate. Required Prepare the December 31, 2021, Income statement for Chuba Hubbard Corporation, starting with income from continuing operations before income taxes Amounts to be deducted should be indicated with a minus sign. Chuba Hubbard Corporation Partial Income Statement For the Year Ended December 31, 2021 Income from continuing operations Discontinued operations Loss on discontinued operations Net income (los)