For its fiscal year ending October 31, 2020, Haas Corporation reports the following partial data shown below.

Income before income taxes

$600,000Income tax expense (28% x $476,000)

133,280Income from continuing operations

466,720Loss on discontinued operations

124,000Net income

$342,720

The loss on discontinued operations was comprised of a $54,000 loss from operations and a $70,000 loss from disposal. The income tax rate is28% on all items.

(a)

correct statement of comprehensive income beginning with income before income taxes.