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Cendant Corporation's results for the year ended December 31, 2018, include the following material items: Sales revenue$6,260,000Cost of goods sold3,790,000Selling and administrative expenses1,180,000Loss on sale

Cendant Corporation's results for the year ended December 31, 2018, include the following material items:

Sales revenue$6,260,000Cost of goods sold3,790,000Selling and administrative expenses1,180,000Loss on sale of investments196,000Loss on discontinued operations497,000Loss on impairment from continuing operations66,000

Cendant Corporation's income from continuing operations before income taxes for 2018 is:

Multiple Choice

  • $531,000.
  • $1,028,000.
  • $1,087,100.
  • $1,094,000.

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