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for its fiscal year ending october 3 1 , 2 0 2 2 , concord corporation reports the following partial data. Income before taxes $

for its fiscal year ending october 31,2022, concord corporation reports the following partial data. Income before taxes $574,000 Income tax expense (16% x $641,000)102,560 Income from continuing operations 471,440 Loss on discontinued operations 107,900 Net income $363,540 The loss on discontinued operations was comprised of a $41,100 loss from operations and a $66,800 loss from disposal. the income tax rate is 16% on all items. Prepare a correct partial income statement beginning with income before income taxes.

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