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2. The Company sold its MP3 division resulting in a loss of $75,000. Assuming a tax rate of 27%, the loss on this disposal will

2. The Company sold its MP3 division resulting in a loss of $75,000. Assuming a tax rate of 27%, the loss on this disposal will be reported on the income statement at what amount? a. $95,250 b. $20,250 C. $75,000 $54,750 e. none of the above

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