The following is information from Durney Company's adjusted trial balance for the year ended October 31, 20x2:Income from continuing operations before income taxes $ 111,000Gain on disposal of discontinued component 28,900Loss from operations of discontinued component (51,000 )Durney is subject to a 25% tax rate.Required:Prepare the October 31, 20x2, income statement for Durney Company, starting with income from continuing operations before income taxes. (Amounts to be deducted should be indicated with a minus sign.)

Durney CompanyPartial Income StatementFor the Year Ended October 31, 20x2Income from continuing operationsDiscontinued operations:Loss on discontinued operationsNet income (loss)