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Blossom Corporation had income from continuing operations of $10,895,300 in 2025 . During 2025 , it disposed of its restaurant division at an after-tax loss
Blossom Corporation had income from continuing operations of $10,895,300 in 2025 . During 2025 , it disposed of its restaurant division at an after-tax loss of $194,400. Prior to disposal, the division operated at a loss of $321,800 (net of tax) in 2025 (assume tha the disposal of the restaurant division meets the criteria for recognition as a discontinued operation). Blossom had 10,000,000 share: of common stock outstanding during 2025. Prepare a partial income statement for Blossom beginning with income from continuing
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