For each of the following items, determine the applicable income taxes using a tax rate of 30%. State whether the income taxes are additional taxes owing (O) or tax savings (S). Calculate the after-tax amount and state where the after-tax amount will be reported on the income statement: normal operations (NO), other revenues and expenses (ORE), discontinued operations (DO), or not applicable (NA).

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Income Taxes Owing (0) Income Taxes or Savings (S) Original Applicable After-Tax Statement Reporting Value Value Payment on settlement of lawsuit 150,000 30,000 650.000 Loss on discontinued operations Operating revenue Advertising expenses 120,000 Gain on discontinued operations Cash dividends Interest revenue 120,000 8,000