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14. Gregory Company is disposing of a component of its company. The net loss from the sale is estimated to be $600,000. Included in the
14. Gregory Company is disposing of a component of its company. The net loss from the sale is estimated to be $600,000. Included in the $600,000 is termination pay of $100,000, which is directly associated with the decision to dispose of the component; and net losses from component asset write-downs of $400,000. Ignoring taxes, Gregory's income statement should report a loss on sale of a business component of a. $100,000 b. $400,000 c. $500,000 d. $600,000 
14. Gregory Company is disposing of a component of its company. The net loss from the sale is estimated to be $600,000. Included in the $600,000 is termination pay of $100,000, which is directly associated with the decision to dispose of the component; and net losses from component asset write-downs of $400,000. Ignoring taxes, Gregory's income statement should report a loss on sale of a business component of a. $100,000 b. $400,000 c. $500,000 d. $600,000
14. Gregory Company is disposing of a component of its company. The net loss from the sale is estimated to be $600,000. Included in the $600,000 is termination pay of $100,000, which is directly associated with the decision to dispose of the component; and net losses from component asset write-downs of $400,000. Ignoring taxes, Gregory's income statement should report a loss on sale of a business component of a. $100,000 b. $400,000 c. $500,000 d. $600,000
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