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Help me here plz fix my errors and show work The following information was taken from the records of Bramble Inc. for the year 2020:
Help me here plz fix my errors and show work
The following information was taken from the records of Bramble Inc. for the year 2020: Income tax applicable to income from continuing operations $198,220; income tax applicable to loss on discontinued operations $27,030, and unrealized holding gain on available-for-sale securities (net of tax) $15,900. Shares outstanding during 2020 were 100,000. BRAMBLE INC. Income Statement For the Year Ended December 31, 2020 Sales Revenue $2014000 Rent Revenue 42400 Total Revenues $2056400 Expenses Selling Expenses 901000 Administrative Expenses 254400 Loss on Discontinued Operations \begin{tabular}{rr} \hline 1473400 \\ \hline \end{tabular} Income from Operations Other Revenues and Gains Other Expenses and Losses Gain on Sale of Equipment Income Tax 100700620100 Loss on Discontinued Operations 198220 Discontinued Operations Income From Continuing Operations Loss on Discontinued Operations Per Share of Common Stock Income From Continuing Operations $ 4.22 Loss on Discontinued Operations, Net of Tax Net Income / (Loss) 0.52Step by Step Solution
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