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For its fiscal year ending October 31, 2017, Haas Corporation reports the following parital data...

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Accounting

For its fiscal year ending October 31, 2017, Haas Corporation reports the following parital data shown below.

Income before income taxes $590,000

Income tax expense (25% X 461,000) 115,250

Income from continuing operation 474,750

Loss on discontinued operations 129,000

Net Income $345,750

The loss on discontinued operations was compromised of a $58,000 loss form operations and a $71,000 loss on disposal. The income tax rate is 25% on all items.

A. Prepare a correct statement of comprehensive income beginning with income before income taxes.

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