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Required information Problem 13-6AA Income statement computations and format LO A2 The following information applies to the questions displayed belowJ Selected account balances from the adjusted trial balance for Olinda Corporation as of its calendar year-end December 31, 2017, follow Debit Credit S 14,300 a. Interest revenue b. Depreciation expense-Equipment. c. Loss on sale of equipment d. Accounts payable e. Other operating expenses f. Accumulated depreciation-Equipment g. Gain from settlement of lawsuit h. Accumulated depreciation-Buildings i. Loss from operating a discontinued segment (pretax) j. Gain on insurance recovery of tornado damage k. Net sales 1. Depreciation expense-Buildings m. Correction of overstatement of prior year' s sales (pretax) n. Gain on sale of discontinued segment' s assets (pretax) o. Loss from settlement of lawsuit p. Income taxes expense q. Cost of goods sold $ 34, 300 26,150 44, 300 106, 700 71,900 44, 300 175,100 18, 550 29, 420 1,001,500 52,300 16, 300 24, 050 485, 500 35,500 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

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