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2 pts Question 35 Dream Corporation disposed of its paper products division during the current year, selling it at a loss of $100,000. Operating results

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2 pts Question 35 Dream Corporation disposed of its paper products division during the current year, selling it at a loss of $100,000. Operating results for the division amounted to a loss of $40,000 for the year. If a tax rate of 40% applies, the disposal would be shown under the heading "discontinued operations" on the income statement in which of the following ways? Loss from operations of discontinued division $(149,000) Loss from operations of discontinued division $(40,000) Loss from operations of discontinued division $ (40,000) Loss on disposal of discontinued division 100.000)__$(140,000) Loss from operations of discontinued division (net of $16.000 tax) $ 24,000) Loss on disposal of discontinued division (net of $40,000 tax) (60,000) S(84.000)

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