Help Save&Exit Submit Check my work Wabash, Inc., had revenue and expenses from ongoing business operations for the current year of $480,000 and $430,000, respectively. During the year, the company sold a division of the company that had revenue and expenses (not included in the previous figures) of $100,000 and $75,000, respectively. The division was sold at a loss of $55,000. All tems are subject to an income tax rate of 40 percent 10 points Prepare an abbreviated income statement for Wabash for the year Income Statement For Year Ended Print References Prev 1 of 8l Next>