Use:

-Balance Sheet

-Income Statement

-Income Statement, before income from continuing operations

-Income statement, below income from continuing operations

-Statement of owner's equity

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Each of the following items was found on the financial statements of Harrison Company for the year ended December 31, 2011: Net income from continuing operations $136,000 Gain on the sale of discontinued segment, net taxes of $43,440 137,560 Loss from operation of discontinued segment, net taxes of $24,000 (76,000) Gain on sale of land 64,000 Extraordinary loss, net of taxes of $6,720 (21,280) Requirements 1. For the items listed, indicate the financial statement and appropriate section, where applicable, on which each would appear. Net income from continuing operations Gain on the sale of discontinued segment, net taxes of $43,440 Loss from operation of discontinued segment, net taxes of $24,000 Gain on sale of land Extraordinary loss, net of taxes of $6,720