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At the start of 2019, Dugan made both chocolate bars (one component of Dugan's business) and face masks (another component of Dugan's business). During the

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At the start of 2019, Dugan made both chocolate bars (one component of Dugan's business) and face masks (another component of Dugan's business). During the year ending 12-31-19, Dugan recorded the following transactions: i.a $300,000 gain from selling its investment in IBM bonds. $1,500,000 in sales of chocolate bars. .$25,000 of losses from selling some of the equipment it had used in making chocolate bars in its factory. iv.a $75,000 loss from disposing of its face mask business. Dugan is subject to a 20% tax rate. On its Income Statement for the year ending 12-31-19. Dugan should report "Other net gains/losses" of: $200,000 gain $275.000 gain $1.700.000 gain $220,000 gnin $160.000 gain

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