The New Orleans Adventures for the year ended December 31 for data following:

New Orleans Adventures

Income Statement

For the Year Ended December 31

1	Sales	$24,500,000.00
2	Cost of goods sold	10,900,000.00
3	Operating expenses	6,300,000.00
4	Income tax expense	500,000.00
5	Loss on discontinued operations	100,000.00

	Required:
	Prepare an income statement. Be sure to complete the statement heading. Refer to the lists of Accounts in the information given, Labels, and Amount Descriptions for the exact wording of the answer choices for text entries. Enter all amounts as positive numbers.