[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 Dobit Credit 14,200 $ 14,200 26,050 44,200 106,600 a. Interest revenue b. Depreciation expense-Equipment c. Loss on sale of equipment d. Accounts payable e. Other operating expenses 7. Accumulated depreciation Equipment B Gain from settlement of lawsuit h. Accumulated depreciation-Buildings 1. Loss from operating discontinued segment (pretax) 1. Gain on insurance recovery of tornado damage k. Net sales 1. Depreciation expense-Buildings . Correction of overstatement of prior year's sales (pretax) n. Gain on sale of discontinued segments assets (pretax) . Los from Settlement of lawsuit p. Income tax expense 4. Cost of goods sold 71,800 46,200 174,900 11,450 29,320 1,000,500 52,200 16,200 35,000 23,950 484,500 Required: 1. Assume that the company's income tax rate is 30% for all items. Compute the tax effects and after-tax amounts of the three items labeled pretax Pretax 30% Tax Effect After Tax Loss from operating a discontinued segment Correction of overstatement of prior year's salon Gain on sale of discontinued segments assots Assume that the company's income tax rate is 30% for all items. Compute the tax effects and after-tax amounts of the three Items labeled pretax 20. 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. Reg 2A Reg 26 Reg 20 What is the amount of income from continuing operations before income taxes? Income from continuing operations before taxes Reg 28 > 3. What is the total amount of after-tax income (loss) associated with the discontinued segment? Aftor tax income from discontinued segment 4. What is the amount of net income for the year? Net income