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How much of an income should be reported

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Reference no: EM133166740

Question - PB&J Company reports the following items as part of its financial results:

Sales revenues from regular business operations $2,800,000

Cost of goods sold 750,000

Operating expenses from regular business operations 400,000

Loss on disposal of several items of property plant and equipment 15,000

Gain on the termination of a discontinued business segment 51,000

Required - How much of an income/(loss) should be reported for discontinuing operations net of tax?

Reference no: EM133166740

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