Current Attempt in Progress * Your answer is incorrect On June 30, Novak Corp, discontinued its operations in Mexico. During the year, the operating Incore was $250.000 betoretstes. On September 1, Novak disposed of the Mexico facility at a pretax loss of $650.000. The applicable tax rate is 25. Show the discontinued operations section of Novak's income statement NOVAK CORP Partial Income Statement Loss on disposal of Mexican facility Gain on Disposal of Mexico Facility (650000 162500 Net Income /(Loss) 487500 Attempts: 1 of 2 used Summit Save for Later