Nashreported the following pretax financial income (loss) for the years 2020-2022.

2020 $98,400

2021 $(116,000)

2022 $147,600

Prepare the income tax section of the 2021 income statement beginning with the line 'Income (loss) before income taxes". (Enter nqative amounts using either a negative sign preceding the number e.g. 45 or parentheses e.g. (451) Income Statement (Partial)