Determine the cendant corporation income

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Reference no: EM132872157

Problem - Cendant Corporation's results for the year ended December 31, 2021, include the following material items:

Sales revenue $6,270,000

Cost of goods sold 3,730,000

Selling and administrative expenses 1,100,000

Loss on sale of investments 192,000

Loss on discontinued operations 494,000

Loss on impairment from continuing operations 80,000

Required - Determine the Cendant Corporation's income from continuing operations before income taxes for 2021?

a. $1,168,000.

b. $1,226,200.

c. $1,248,000.

d. $674,000.

Reference no: EM132872157

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