Acc280 Financial Accounting: P15-8A Cheaney Corporation owns a number of cruise ships

Acc280 Financial Accounting 
P15-8A 
Cheaney Corporation owns a number of cruise ships and a chain of hotels. The hotels, which have not been profitable, were discontinued on September 1, 2008. 
The 2008 operating results for the company were as follows. 
Operating revenues 12,850,000 
Operating expenses 8,700,000 
Operating income 4,150,000 

Analysis discloses that these data include the operating results of the hotel chain, which were: operating revenues $2,000,000 and operating expenses $2,400,000.The hotels were sold at a gain of $200,000 before taxes. This gain is not included in the operating results. 
During the year, Cheaney suffered an extraordinary loss of $800,000 before taxes, which is not included in the operating results. In 2008, the company had other revenues and gains of $100,000, which are not included in the operating results. The corporation is in the 30% income tax bracket. 

Instructions 
Complete the condensed income statement. (List amounts from largest to smallest eg 10, 5, 3, 2.)
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