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ABC Company recently decided to sell one of its divisions. The following information is available. Income from operations of the division: $500,000 Loss on disposal

ABC Company recently decided to sell one of its divisions. The following information is available.

Income from operations of the division: $500,000

Loss on disposal of the division: $150,000

Effective tax rate: 25%

The net combined income (loss) from operations of the division and the disposal of the division that would be shown as a line item on the income statement is 5 negative number. Do not repeat the dollar sign.)

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