HTML Preview Corporation Partial Income Statement page number 1.
Corporation Partial Income Statement
For the years ended December 31,
CONTINUING OPERATIONS:
Operating income
Other income (expense)
Relocation loss (Note__)
loss on retirement of bonds [price paid : face ]
Income from continuing operations, before tax
Income tax expense
Income from continuing operations
DISCONTINUED OPERATIONS:
Loss from operations of discontinued Sluggo
Division, lincluding loss on disposal of Sluggo's
assets of $4,700
Less: Tax benefit
Loss from discontinued operations
income before extraordinary items
Extraordinary items
Loss on destruction of warehouse
less applicable income tax benefit of
( )
[cost 16,000; acccum depr 12,000]
Net income
$
Dividends paid
$