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For its fiscal year ending October 31, 2022, Riverbed Corp. reports the following partial data shown below. Income before income taxes $502,200 Income tax expense

For its fiscal year ending October 31, 2022, Riverbed Corp. reports the following partial data shown below.

Income before income taxes $502,200

Income tax expense (20% $390,600)78,120

Income from continuing operations 424,080

Loss on discontinued operations111,600

Net income $312,480

The loss on discontinued operations was comprised of a $46,500 loss from operations and a $65,100 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.

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