Corporation reported the following pretax $($and taxable$)$ information for $2023$:

Income from continuing operations $$500,000$

Loss on disposal of Segment B $40,000$

Prior period adjustment $$ Depreciation was understated in $202212,000$

Gain from discontinued operations on Segment B $20,000$

Income tax rate $30\%$

Prepare the lower portion of the Corporation$$s income statement, beginning with pretax income for continuing operations.