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25 14 of 24 Marks Sesame Corp. discontinued the operations of its Poppy division in 2020. Sesame's adjusted trial balance at December 31, 2020

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25 14 of 24 Marks Sesame Corp. discontinued the operations of its Poppy division in 2020. Sesame's adjusted trial balance at December 31, 2020 included the following: Sales...... Cost of goods sold........ Administrative expenses......... Loss on sale of Poppy equipment........... Sales commissions..... Interest revenue..... Loss of warehouse due to flood... Operating expenses.. Bad debt expense....... Totals........ Debit Credit $170,000 $ 70,000 28,000 11,000 9,000 6,000 15,000 48,000 5,000 $162,000 $176,000 50% of the operating expenses pertain to the Poppy Division. Sesame uses the perpetual system, and their income tax rate is 30%. On Sesame's multiple-step income statement for 2020, income from discontinued operations is Oa. $10,500 O b. $16,800 O c. $24,000 O d. $24,500 Unsure

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