Question: Current Attempt in Progress For its fiscal year ending October 31, 2022, Swifty Corporation reports the following partial data shown below. Income before income

Current Attempt in Progress For its fiscal year ending October 31, 2022, Swifty Corporation reports the following partial data shown below. Income before income taxes $545,400 Income tax expense (20% x $424,200) 84,840 Income from continuing operations Loss on discontinued operations Net income 460,560 121,200 $339,360 The loss on discontinued operations was comprised of a $50,500 loss from operations and a $70,700 loss from disposal. The income tax rate is 20% on all items. Prepare a correct statement of comprehensive income, beginning with income before income taxes. SWIFTY CORPORATION Partial Statement of Comprehensive Income For the Year Ended October 31, 2022 Income Before Income Taxes
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