Exercise 14-12 For its fiscal year ending October 31, 2017, Haas Corporation reports the following partial data shown below. Income before income taxes $505,000 Income tax expense (25% x $376,000) 94,000 Income from continuing operations 411,000 Loss on discontinued operations 129,000 $282,000 Net income The loss on discontinued operations was comprised of a $56,000 loss from operations and a $73,000 loss from disposal. The income tax rate is 25 on all items. (a) Prepare a correct statement of comprehensive income beginning with income before income taxes. Partial Income Statement