ncome Statement Format The following information from Belvidere Company's current operations is available: Administrative expenses Cost of goods sold Sales revenue Selling expenses Interest expense Loss from operations of discontinued segment Gain on disposal of discontinued segment Income taxes: Amount applicable to ordinary operations Reduction applicable to loss from operations of discontinued segment Amount applicable to gain on disposal of discontinued segment $96,600 649,600 1,080,800 121,800 9,800 84,000 56.000 81,200 33,600 27,400 ncome Statement Format The following information from Belvidere Company's current operations is available: Administrative expenses Cost of goods sold Sales revenue Selling expenses Interest expense Loss from operations of discontinued segment Gain on disposal of discontinued segment Income taxes: Amount applicable to ordinary operations Reduction applicable to loss from operations of discontinued segment Amount applicable to gain on disposal of discontinued segment $96,600 649,600 1,080,800 121,800 9,800 84,000 56.000 81,200 33,600 27,400