The New Orleans Adventures for the year ended December 31 for data following: 1 Sales 2 Cost of goods sold 3 Operating expenses 4 Income tax expense 5 New Orleans Adventures Income Statement For the Year Ended December 31 Loss on discontinued operations $24,500,000.00 10,900,000.00 6.300,000.00 500,000.00 100,000.00 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. Instructions Th Labels and Amount Descriptions Labels For the Year Month December 31 For the Year Ended December 31 Amount Descriptions Gross loss Gross profit Income from continuing operations Income from continuing operations before income tax Net income Net loss X 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. 1 2 3 4 5 6 7 09 9 New Orleans Adventures Income Statement (Label) W