Question 1 of 8 < View Policies Current Attempt in Progress For its fiscal year ending October 31, 2022, Pharoah Corporation reports the following partial data.. Income before income taxes $560,000 Income tax expense (26 % x $423,000) 109,980 Income from continuing operations 450,020 Loss on discontinued operations 137,000 Net income $313,020 -/12.5 E The loss on discontinued operations was comprised of a $60,000 loss from operations and a $77,000 loss from disposal. The income tax rate is 26% on all items. (a) Prepare a correct partial income statement, beginning with income before income taxes. (Enter loss using either a negative sign preceding the number eg. -2,945 or parentheses e.g. (2,945).) PHAROAH CORPORATION Income Statement (Partial) ACC210-01 Question 1 of 8 < tay -/12.5 E estion/0 a Prepare a correct partial income statement, beginning with income before income taxes. (Enter loss using either a negative sign preceding the number eg.-2,945 or parentheses eg. (2,945).) PHAROAH CORPORATION Income Statement (Partial) $