Earlyrain Inc.s 2023 income statement, excluding the earnings per share portion of the statement, was...
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Earlyrain Inc.s 2023 income statement, excluding the earnings per share portion of the statement, was as follows: Revenues $ 430,000 Expenses: Depreciation $ 42,300 Income taxes 55,000 Other expenses 169,000 266,300 Profit from continuing operations $ 163,700 Loss from operating discontinued business segment (net of $16,200 tax benefit) $ 47,000 Loss on sale of business segment (net of $9,020 tax benefit) 22,600 (69,600 ) Profit $ 94,100
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