View Policies Current Attempt in Progress On June 30, Concord Corporation discontinued its operations in Mexico. During the year, the operating income was $ 160,000 before taxes. On September 1, Concord disposed of the Mexico facility at a pretax loss of $ 720,000. The applicable tax rate is 25%. Show the discontinued operations section of Concord's income statement. CONCORD CORPORATION Partial Income Statement v $ CA $ Save for Later Attempts: 0 of 2 used Submit