Question: Required Information Problem 13-6AA Income statement computations and format LO A2 [The following information applies to the questions displayed below.) Selected account balances from the

 Required Information Problem 13-6AA Income statement computations and format LO A2

[The following information applies to the questions displayed below.) Selected account balances

from the adjusted trial balance for Olinda Corporation as of its calendar

year-end December 31, 2017, follow. Debit $ Credit 14,400 $ 34,400 26,250

Required Information Problem 13-6AA Income statement computations and format LO A2 [The following information applies to the questions displayed below.) Selected account balances from the adjusted trial balance for Olinda Corporation as of its calendar year-end December 31, 2017, follow. Debit $ Credit 14,400 $ 34,400 26,250 44,400 106,800 n. Interest revenue b. Depreciation expense-Equipment. c. Loss on sale of equipment d. Accounts payable e. Other operating expenses 1. Accumulated depreciation Equipment 9. Gain from settlement of lawsuit 1. Accumulated depreciation Buildings i. Loos from operating a discontinued segment (pretax) Gain on Insurance recovery of tornado damage k. Netales 1. Depreciation expense buildings 1. Correction of overstatement of prior year's sales (pretax) . Cain on sale of discontinued segment's assets (pretax) o. Los from settlement of lawsuit D. Income taxes expense 9. Cost of goods sold 72,000 44,400 175,300 18,650 29,520 1,002, sod 52,400 16,400 36,000 24,150 2 486,500 Problem 13-6 Part 2 Return to question 36,000 n. Gain on sale of discontinued nagnent.ansata (pretas o. Los from settlement of lovit p. Income taxes expense 9. Cost of goods sold 24,150 2 486,500 Problem 13-6 Part 2 2a. What is the amount of income from continuing operations before income taxes? 2b. What is the amount of the income taxes expense? 2c. What is the amount of Income from continuing operations? Answer is not complete. Complete this question by entering your answers in the tabs below. Red ZA Reg 28 Reg 20 What is the amount of income from continuing operations before income tax Income from coming operations before tex 1315120 Next A V M N B Problem 13-6 Part 2 2a. What is the amount of income from continuing operations before income taxes? 2b. What is the amount of the income taxes expense? 2c. What is the amount of income from continuing operations? Complete this question by entering your answers in the tabs below. Reg 2A Reg 28 Reg 20 What is the amount of income from continuing operations before income taxes? Income from continuing Operations before Req20 >

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