Income Statement Sections During the current year, Dale Corporation sold a segment of its business at a gain of $378,000 Until it was sold, the segment had a current period operating loss of $135,000. The company had $1,530,000 from continuing operations for the current year. Prepare the lower part of the income statement, beginning with the $1,530,000 income from continuing operations. Follow tax allocation procedures, assuming that all changes in income are subject to a 40% income tax rate. Disregard earnings per share disclosures. (Round all calculations to nearest dollar amount.)