Photographic Supplies, Inc.'s accounting records include the following for :

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Data Table

Income Tax SavingLoss on

$8,000

Net Sales Revenue

$565,000

Discontinued Operations

Operating Expenses

170,000

Loss on Discontinued Operations

20,000

(Including Income Tax)

Cost of Goods Sold

255,000

PreP multi-step income statement for the year ending December 31, . Omit earnings per share. (Use parentheses or a minus sign for amounts decreasing the income from continuing operations.)