Question: Current Attempt in Progress The following information was taken from the records of Novalk Inc. for the year 2 0 2 5 : Income tax

Current Attempt in Progress
The following information was taken from the records of Novalk Inc. for the year 2025: Income tax applicable to income from continuing operations \(\$ 239,360\), income tax applicable to loss on discontinued operations \(\$ 32,640\), and unrealized holding gain on available-for-sale debt securities (net of tax)\(\$ 19,200\).
Shares outstanding during 2025 were 100,000.
(a)
Your answer is partially correct.
Prepare a single-step income statement (with respect to items in Income from operations).(Round earnings per share to 2 decimal places, eg.1.48. Enter other revenue and gains before other expenses and losses)
Revenues
NOVAK INC.
Income Statement
For the Year Ended December 31,2025
 Current Attempt in Progress The following information was taken from the

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