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Prepare a partial income statement for Niler

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Reference no: EM132880323

Problem - Niler Corporation reported the following after-tax information for its current fiscal year: $35,000 income from continuing operations, $8,400 income from operations of discontinued Line C, and $12,500 loss on disposal of Line C. Starting with income from continuing operations, prepare a partial income statement for Niler for the current year. Ignore earnings per share.

Reference no: EM132880323

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