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I've seen lots of similar examples on here and none of the formulas seem to work. ! Required information Part 2 of 4 Problem 13-6AA

image text in transcribedimage text in transcribedimage text in transcribedI've seen lots of similar examples on here and none of the formulas seem to work.

! Required information Part 2 of 4 Problem 13-6AA Income statement computations and format LO A2 [The following information applies to the questions displayed below.] 2 points Selected account balances from the adjusted trial balance for Olinda Corporation as of its calendar year-end December 31, 2017, follow. Debit Credit 15,000 eBook $ $ 35,00 26,850 Print 45,000 References 107,400 72,600 45,000 176,500 a. Interest revenue b. Depreciation expense-Equipment. c. Loss on sale of equipment d. Accounts payable e. Other operating expenses f. Accumulated depreciation-Equipment g. Gain from settlement of lawsuit h. Accumulated depreciation-Buildings i. Loss from operating a discontinued segment (pretax) j. Gain on insurance recovery of tornado damage k. Net sales 1. Depreciation expense-Buildings m. Correction of overstatement of prior year's sales (pretax) n. Gain on sale of discontinued segment's assets (pretax) 0. Loss from settlement of lawsuit p. Income taxes expense q. Cost of goods sold 19,250 30,120 1,008,500 53,000 17,000 39,000 24,750 ? 492,500 Problem 13-6 Part 2 2 points 2a. What is the amount of income from continuing operations before income taxes? 2b. What is the amount of the income taxes expense? 2c. What is the amount of income from continuing operations? eBook Complete this question by entering your answers in the tabs below. Print References Req 2A Req 2B Req 2c What is the amount of income from continuing operations before income taxes? Income from continuing operations before taxes $ 342,120

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