Doyle Problem 4-4: Discontinued Operation and Extraordinary ItemsFor the year ended 12/31/14, Zelnor Corporation has income before taxes, discontinued operations,and extraordinary items of $300,000. Their tax rate is 34%. They have 70,000 weighted averagecommon shares outstanding in 2014. They also have the following irregular items:a) A discontinued space suit division. The gross amount of the income in 2014from the operation of the division is $25,000. The gross amount of the loss fromthe disposal of the division is $30,000.b) An extraordinary loss (tornado) of $20,000 gross.Show the income statement presentation for 2014, beginning at Income before Taxes, DiscontinuedOperations, and Extraordinary Items. Don't forget EPS!