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A company has income from operations of $138,000, other revenues and gains of $14,000, and a $25,000 loss from discontinued operations (assume no other expenses

A company has income from operations of $138,000, other revenues and gains of $14,000, and a $25,000 loss from discontinued operations (assume no other expenses and losses). The company has a 15% income tax rate. Based on this information, what is the company's income from continuing operations? (Ch4) $129,200 $152,000 $107,950 $127,000

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