Problen 17-6AA Income Statement computationa and format LO A2. Selected account balances from the adjusted trial balance for Olinda Corporation as of its calendar year-end December 31 follow.

Required information Problem 17-6AA Income statement computations and format LO A2 (The following information applies to the questions displayed below.) Selected account balances from the adjusted trial balance for Olinda Corporation as of its calendar year-end December 31 follow. Debit Credit $ 14,000 $ 34,000 25,850 44,000 106,400 71.600 44,000 174,500 a. Interest revenue b. Depreciation expense-Equipment e. Loos on sale of equipment d. Accounts payable e. Other operating expenses f. Accumulated depreciation Equipment 9. Gain from settlement of lawsuit h. Accumulated depreciation-buildings i. Lous from operating a discontinued segment (pretax) 3. Gain on Insurance recovery of tornado damage k. Net sales 1. Depreciation expense-Buildings m. Correction of overstatement of prior year's sales (pretax) n. Gain on sale of discontinued segment's assets (pretax) o. Los from settlement of Lawsuit p. Income tax expense 9. Coat of goods sold 18,250 20,000 998,000 52.000 16,000 34,000 23,250 7 482,500 Problem 17-6AA Part 2 2a. What is the amount of income from continuing operations before income taxes? 2b. What is the amount of the income tax expense? 2c. What is the amount of income from continuing operations? Answer is complete but not entirely correct. Complete this question by entering your answers in the tabs below.