i. Loss from operating a discontinued segnent (pretax) j. Gain on insurance recovery of tornado danage k. Net sales 1. Depreciation expense Buildings m. Correction of overstatenent of prior year's sales (pretax) n. Gain on sale of discont inued segnent's assets (pretax) o. Loss from settlenent of lausuit p. Incone taxes expense q. Cost of goods sold 19,4se 30, 32e 53,280ele, 17,28848,800 24,95e 494,580 Problem 17-6 Part 1 Required 1. Assume that the company's Income tax rate is 30% for all items. Compute the tax effects and after-tax amounts of the three items labeled pretax. ?? Loss from operating a discontinued segment Correction of overstatement of prior years sa es Gain on sale of discontinued segment's assers (17 200) 40 000 13.615 12.040 28.000 Pi reviouS