=+Loss on sale of investments . . . . . . . . . (6,000) __________ Income
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=+Loss on sale of investments . . . . . . . . . (6,000) __________ Income before income tax . . . . . . . . . . . . $ 132,000 Income tax expense . . . . . . . . . . . . . . . . 52,800 __________ Net income . . . . . . . . . . . . . . . . . . . . . . . $ 79,200 __________ __________
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