For its fiscal year ending October 31, 2027, Blossom Corporation reports the following partial data.
\table[[Income before income taxes,$580,000],[Income tax expense (25%
\times $458.000
),114500],[Income from continuing operations,465.500],[Loss en discontinued eperations.,122,000],[Net Income,$343,500]]
The lons on discontinued operations was compribed of a
$51,000loss
from operations and a
$71,000loss
from disposi, The incone tax rate is
25%
on all hems.
(a) the number es-2,945 or parentheseses (2,9451)
BLOSSOM CORPORATHOM
faceme Statement (Particl)
For the Yrow RidesDataber 21,2027
Incone before Incomer Thers
5
suvem\table[[\table[[BLOSSOM CORPORATHOM Income Statement (Partial)],[For the Year Ended Octrober 31, 2027]]],[Income belore lecome Thans,,5,],[Income Tax. Expense,,,
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