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A company's activities for year 2 included the following: Account Adjustment for a prior-year understatement of amortization expense Cost of Goods Sold Gain on disposal
A company's activities for year 2 included the following:
Account Adjustment for a prior-year understatement of amortization expense Cost of Goods Sold Gain on disposal of a discontinued component unit Gain on sale of available-for-sale debt securities Gross Sales Amount $59,000 1,200,000 16,000 8,000 3,600,000 Loss on operations of a discontinued component unit Sales Returns Selling and administrative expense Unrealized gain on available-for-sale debt securities The company has a 30% effective income tax rate. What is the company's Income from Continuing Operations Before Tax for Year 2? When typing your answer, do not include $ or comma. For instance, if your answer is $1,100,000, then type 1100000 1880000 12,000 34,000 500,000 2,000
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