Computing and Reporting Discontinued Operations Jules inc reported net income of 51,681,500, income from continuing operations of $1,800,000 (after tax), and a loss from a discontinued component of 5480,000 (pretax) for the year ended December 31. The companys tax rate is 25%. The decision to dispose of the component was made on fune 1, and the component was sold on November 30 . compute net proceeds from the sale of the discontinued component if the carrying value of the busness component was $475,000 on November 30 (the date of sale): Note: Do not use negative sgns with any answers