The Banks Copporation sold its credi subsidiary on December 31 of the cuncet year af a gan of 5237 . See below for the corporations income saternont belore removing the discontrund subsidiary and bedore the inctusan of the goin on the salo of the subsidiary I] (cick the icen to vew the corporalians income stalement betore semeving be ditcontnued subrudary and before the inciusion of the gait on the sale of the subsiday) Prepane Banks Cerporations sudement of net income for the carment war refecting the. diconthued subsidiry, assuring that if met at of the necessary condions to be roportind as a daconfinued epeation the dscontnued sievitiary accountited for 20m of revenus Io the nearest cent 3X the parentheses or a minus sgen bo enter aty hoss ar ourt? Banks Corporation Statement of Net Income For the Year Ended December 31 Sales Cost of Goods Sold Gross Profit Selling, General, and Administrative Expenses Depreciation and Amortization Expense Income before Tax Income Tax Expense (at 40% ) Net Income \begin{tabular}{rr} $ & 10,000 \\ 6,700 \\ \hline$ & 3,300 \\ 700 \\ 950 \\ \hline$ & 1,650 \\ & 660 \\ \hline$ & 990 \\ \hline \hline \end{tabular} Banks Corporation Statement of Net Income For the Year Ended December 31 Less: Net income The Banks Cerpokaten sold its credt subsdary on December 31 of tho curcent yeat at a gan of 5237. See below for the corporatoor's income statament betore ithoving the dscontinued subvidury and bofore the incluson of the gain on the sale of the siosidiury (Click the con to vew the coppratian's nichme datement bolore romoving the dncontinued subsidiary and betore the inclusiori of ene gan on the sab of the subsediary) Fiepare Baris Corporatoris stalement of net ncame for the current yeur iefecting the: dscontrued sibsibary, assuming that t met at of the necessary condibons to be roperted as a discontinued opetation. The discentinued subsdary accounted for 20 t of revenues and 15% of al operabing expenses. (Lse Eie condored mute step ncome statement lormat and assume tho company 5 wobjod to a 40% income lax ata. Round your answess to the noarest cent $. Uhio parontheses or a minin sign to enter any loss amound)