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Dani, Inc. held a discontinued operation as of December 31, 2018. The operating loss from the discontinued operation was $400,000 for the period. As of
Dani, Inc. held a discontinued operation as of December 31, 2018. The operating loss from the discontinued operation was $400,000 for the period. As of December 31, 2018, the net assets of the discontinued operations had decreased in fair value by $240,000. Dani's tax rate is 35%. Prepare the discontinued operations part of its income statement
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