Prepare an income statement using the following data for New Orleans Adventures for the year ended December 31:

New Orleans Adventures Income Statement For the Year Ended December 31
Sales		$24,500,000
Cost of goods sold		10,900,000
Operating expenses		6,300,000
Income tax expense		500,000
Loss on discontinued operations		100,000

New Orleans Adventures
Income Statement
For the Year Ended December 31
	$
	$
	$
	$
	$