Required information [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. Assume that the company's income tax rate is 40% for all items. a. Interest revenue b. Depreciation expense-Equipment c. Loss on sale of equipment d. Accounts payable e. Other operating expenses f. Accumulated depreciation-Equipment Debit Credit $ 15,700 $ 35,700 27,550 45,700 108,100 g. Gain from settlement of lawsuit 73,300 h. Accumulated depreciation-Buildings 45,700 1. Loss from operating a discontinued segment (pretax) 3. Gain on insurance recovery of tornado damage 177,900 19,950 k. Net sales 30,820 1. Depreciation expense-Buildings 1,015,500 m. Correction of overstatement of prior year's sales (pretax) n. Gain on sale of discontinued segment's assets (pretax) o. Loss from settlement of lawsuit 53,700 17,700 42,500 25,450 p. Income tax expense q. Cost of goods sold 7 499,500 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? Complete this question by entering your answers in the tabs below.