Format for calculation of loss on discontinued operations net of tax :-
Income from Continued operations (Before Tax) XXXX
Income Tax (XXXX)
Income from Continued operations (After Tax) (A) XXXX
Discontinued Operations
Loss from operations of product line that has been discontinued (XXXX)
Royal Benefits (if any) XXXX
Income Tax Benefits (Tax saving on loss) XXXX
Loss on Discontinued Operations (B) (XXXX)
NET INCOME (A-B) XXXX
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