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For its fiscal year ending October 31, 2022, Ayayai Corp.reports the following partial data shown below. Income before income taxes Income tax expense (20% $336,000)
For its fiscal year ending October 31, 2022, Ayayai Corp.reports the following partial data shown below. Income before income taxes Income tax expense (20% $336,000) Income from continuing operations Loss on discontinued operations Net income $432,000 67,200 364,800 96,000 $268,800 The loss on discontinued operations was comprised of a $40,000 loss from operations and a $56,000 loss from disposal. The income tax rate is 20% on all items. Prepare a correct statement of comprehensive income, beginning with income before income taxes. AYAYAI CORP. Partial Statement of Comprehensive Income $ $
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