INTERMEDIATE ACCOUNTING

by Beechy, Conrod, Farrell, and McLeod-Dick

SPATS A3-6
Student Name:
Class:

Comprehensive Income, Intraperiod Tax Allocation:

Prepare a statement of comprehensive income:

Haliteck Corporation
Statement of Income
For Year Ended 31 December 20X4

Sales revenue from continuing operations $2,200,000

Label Value
Label Value 2,200,000
Expenses of continuing operations:
Label Value
Label Value
Label Value
Label Value
Label Value 0
Earnings before discontinued operations
item 240,000
Discontinued operation:
Label Value
Label Value
Label Value 0

Net income (loss) $ -

Other comprehensive income:
Label Value
Comprehensive income (loss) $ -

Earningis per share from continuing operations Value

Earnings (loss) per share from discontinued operations Value
Earnings per share #VALUE!

* The segregation of operating expenses, between continuing and discontinued

operations, is as follows:

Total Discontinued
Operation
Total operating expenses
Amortization expense
Operating expense, excluding amortization $0 $0
 `1

Continuing
Operation

$0