Current Attempt in Progress

The ledger of Ivanhoe Corporation at November $30,2024,$ contains the following summary data:

Your analysis reveals the following additional information:

The company has a $25\%$ income tax rate

The communications devices division was discontinued on August $31.$ The profit from operations for the division up to that

day was $$17,800$ before incorne tax. The division was sold at a loss of $$77,000$ before income tax

There were $200,000$ common and $5\mathrm{.}000$ preferred shares issued on December $1\mathrm{.}2023,$ with no changes during the year.