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B. $57,750. During 2015, Lopez Corporation disposed of Pine Division, a m ajor component of its business. Lopez realized a gain of $1,500,000, net of
B. $57,750. During 2015, Lopez Corporation disposed of Pine Division, a m ajor component of its business. Lopez realized a gain of $1,500,000, net of taxes, on the sale of Pine's assets. Pine's operating facts be reported in Lopez's income statement for 2015? Total amount to be included in Income from continuing operations A. $1,800,000 loss B. 30o,ooo loss C. o D. 1,500,000 gain Results of discontinued operations $1,500,000 gain 300,000 loss 1,800,00o loss ostions 12-15
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