posted this earlier. this should include the 800000 income from continuing operations shouldnt it? I got the gain on the settlement right, but having trouble with the tax allocation is my gues..

Income Statement Sections During the current year, Newtech Corporation sold a segment of its business at a loss of $230,000. Until it was sold, the segment had a current period operating loss of $200,000. Also, the company had an extraordinary gain of $90,000 during the year as the result of an expropriation settlement received from a foreign government. The company has $800,000 income from continuing operations for the $800,000 income from continuing operations. Follow tax allocation income tax rate. Disregard earnings per share disclosures. Income from Continuing Operations 800,000 x Discontinued Operations Loss from operations of discontinued segment $ (200,000) X Loss on disposal of discontinued segment (230,000)x Income before Extraodinary ltem 370,000 Extraordinary Item Gain on expropriation settlement 54,000 5 800,000X Net Income