Question: i need helpi dont know how to write Your answer is partially correct. Try again. For its fiscal year ending October 31, 2017, Flint Corporation
Your answer is partially correct. Try again. For its fiscal year ending October 31, 2017, Flint Corporation reports the following partial data shown below. Income before income taxes Income tax expense (23% x $622,000) 143,060 Income from continuing operations Loss on discontinued operations Net income $508,000 364,940 116,500 $248,440 The loss on discontinued operations was comprised of a $45,200 loss from operations and a $71,300 loss from disposal. The income tax rate is 23% on all items. Prepare a correct statement of comprehensive income, beginning with income before income taxes. Statement of Income or the Year Ended October 31, 201 ncome Before Income Taxes 0800 ncome Tax Ex pense 143,060 ncome from Continuing Operations 364,940 iscontinued Operation oss from Operation oss on Disposal 45,200 1,300 116,500 7,565
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