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On June 30, Sheffield Corp. discontinued its operations in Mexico. During the year, the operating...

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Accounting

On June 30, Sheffield Corp. discontinued its operations in Mexico. During the year, the operating income was $216,000 before taxes. On September 1, Sheffield disposed of the Mexico facility at a pretax loss of $770,000. The applicable tax rate is 29%. Show the Income from operations of Mexican Facility section of Sheffield's of income statement.
SHEFFIELD CORP.
Partial Income Statement
Micrnntinued Onerations
Loss from Qoerations of Mexican Facilitv
$
$
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