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102. Use the following information: Gross profit 3,900,000 Loss on sale of investments 10,000 Interest expense 7,500 Gain on sale of discontinued operations 30,000 Income

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102. Use the following information: Gross profit 3,900,000 Loss on sale of investments 10,000 Interest expense 7,500 Gain on sale of discontinued operations 30,000 Income tax rate 20% Compute the amount of discontinued operations to be combined with income from continuing operations on the income statement. a. 30,000 b. 24,000 c. 6,000 d. None of the above

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