Exercise 9-1 Your answer is partially correct. Try again. For its fiscal year ending October 31, 2017, Blue Spruce Corp. reports the following partial data shown below. Income before income taxes Income tax expense (15% $452,000) Income from continuing operations Loss on discontinued operations Net income $632,000 67,800 564,200 137,600 $426,600 The loss on discontinued operations was comprised of a $57,700 loss from operations and a $79,900 loss from disposal. The income tax rate is 15% on all items. Prepare a correct statement of comprehensive income beginning with income before income taxes. BLUE SPRUCE CORP. Partial Statement of Comprehensive Income For the Year Ended October 31, 2017 Income Before Income Taxes 632,000 Income Tax Expense 67,800 Income from Continuing Operations 564,200 TDiscontinued Operations Loss on Disposal Loss from Operations Net Income /(Loss) 426,600