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For its fiscal year ending October 31, 2022. Wildhorse Corporation reports the following partial data.. Income before income taxes $530,000 137,360 Income tax expense (34%

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For its fiscal year ending October 31, 2022. Wildhorse Corporation reports the following partial data.. Income before income taxes $530,000 137,360 Income tax expense (34% x $404,000) Income from continuing operations Loss on discontinued operations 392.640 126,000 Net Income $266,640 The loss on discontinued operations was comprised of a $55,000 loss from operations and a $71,000 loss from disposal. The income tax rate is 34% on all items. (a) Prepare a correct partial income statement, beginning with income before income taxes. (Enter loss using either a negative sign preceding the number eg. -2,945 or parentheses e... (2.945).) WILDHORSE CORPORATION Income Statement (Partial ) For the Year Ended October 31, 2022 (a) Prepare a correct partial income statement, beginning with income before income taxes. (Enter loss using either a negative sign preceding the number e.s. -2.945 or parentheses es. (2.945).) WILDHORSE CORPORATION Income Statement (Partial) For the Year Ended October 31, 2022 Income before Income Taxes 530.000 Income Tax Expense 180.200 Income from Continuing Operations 349,800 Discontinued Operations Loss from Operations, Net of Income Tax Savings : $ 50.160 46,860 Loss on Disposal.Net of Income Tax Savings 83.160 309.480 Net Income /(Loss)

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