A) What is income from continuing operations for 2016? Do not use decimals or dollar signs.

B) For Eagle Corp in 2016, Net Income is ________ lower than Income from Continuing Operations.

Presented below is the final adjusted trial balance of the 2016 year-end account balances of Cougar Corp, a merchandising company. Other relevant information 1. 2. Cougar Corp disposed of their Widget Division during 2016 Assume a tax rate of 35% for all income statement items Cougar Corp Adjusted Trial Balance December 2016 DebitCredit 40.000 Accounts Accounts Payable Accounts Receivable Accumulated Depreciation Administrative Expenses Buildings Cash Common Stock Cost of Goods Sold Dividends 80,000 20,000 46.000 259,000 47,000 136,000 400,000 1,000 40.000 22,000 an Loss from disposal of Widget Division Retained Eamings, Begi Rent Revenue Sales Revenue (merchandise sales) Selling Expenses Supplies Unearned Revenue Total gs. Beginning balance for 2016 86,000 6.000 678,000 72,000j 3,000 4.000 970,000970,000