Income Statement Niler Corporation reported the following after-tax information for its current fiscal year: $35,000 income from continuing operations, $8,400 income from operations of discontinued Line C, and $12,500 loss on disposal of Line C. Starting with income from continuing operations, prepare a partial income statement for Niler for the current year. Ignore earnings per share. NILER CORPORATION Income Statement (Partial) For Year Ended December 31, Current Year