I know little French désolé!!
Ete je regarde Netflix.
Non, Je non suis espagnol.
Je toast.
J’habite en California.
A) Jean va en France
b) Vous partez
c) Elle naît
d) Nous venons
e) Mon grand-mère meurt
Christine et moi allons prendre un verre ce soir.
Have a good day :)
Answer:
$406,250
Explanation:
In the income statement, the total revenues and the total expenses are recorded.
If the total revenues are more than the total expenditure then the company earns net income
And, If the total revenues are less than the total expenditure then the company have a net loss
This net income or net loss would reflect in the statement of the retained earning account.
The computation of income from continuing operations is shown below:
= Income before tax - restructuring costs - income tax expense
= $1,700,000 - $75,000 - $406,250
= $1,218,750
The income tax expense = (Income before tax - restructuring costs) × income tax rate
= ($1,700,000 - $75,000) × 25%
= $1,625,000 × 25%
= $406,250
