Please help with A$.$ and B$.$

Reporting Discontinued Operations

Leigh Corp. disposed of its Knit Products Division in June at a loss of $$38,000$ before tax. Prior to the sale, the Knit Products Division $($considered a separate business component$)$ reported a net loss from operations of $$405,000$ before tax. Leigh Corp. reported income from continuing operations of $$900,000$ before tax for the year.

a$.$ Assuming an income tax rate of $25\%,$ prepare an income statement beginning with Income from Continuing Operations. Ignore earnings per share disclosures.

Use a negative sign to indicate a loss.