On June 30, Coronado Corporation discontinued its operations in Mexico. During the year, the operating income was $302,000 before taxes. On September 1, Coronado disposed of the Mexico facility at a pretax loss of $702,000. The applicable tax rate is 25%. Show the discontinued operations section of Coronado's income statement. (Enter loss using either a negative sign preceding the number e.g.-2,945 or parentheses e.g. (2,945).) Discontinued operations: Loss on disposal of Mexican facility CORONADO CORPORATION Partial Income Statement Income from operations of Mexican facility 526,500 131,625 tA 94,125

On June 30, Coronado Corporation discontinued its operations in Mexico. During the year, the operating income was $302,000 before taxes. On September 1. Coronado disposed of the Mexico facility at a pretax loss of $702.000. The applicable tax rate is 25%. Show the discontinued operations section of Coronado's income statement. (Enter loss using either a negative sign preceding the number es- 2,945 or parentheses es. (2,945))