Q3- Snowman Corporation needs your help in preparing a partial income statement. The information you need is given below,

Tax 20%

Operating Income $200,000

Interest Expense $20,000

Loss from selling a business subsidiary (before tax) $ 56,000

Loss due to unusual and infrequent item (before tax) $40,000

Gain due to extraordinary item $51,000

Required: Prepare the partial income statement.