Question: ||||||| Baxter, Inc., reported income from continuing operations (before taxes) of $55,000. In addition, there was a $15,000 loss (pretax) on the sale of a

||||||| Baxter, Inc., reported income from continuing operations (before taxes) of $55,000. In addition, there was a $15,000 loss (pretax) on the sale of a discontinued component of the business. Taxes of $16,500 (30%) were paid. Prepare the bottom portion of the income statement. Baxter, Inc. Partial Income Statement For the year ended December 31, 2020

Baxtec, Inc, reported incorre from continuing operations (before taxes) of $55,000, In addieion, there was a $15,000 loss (oretax) en the sale of a discentinued componitot of the businest. tomes of $16,506(004) were pald

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