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Do It! Review 18-3 In its proposed 2017 income stat discontinued music division $57,000, gain on disposal of discontinued music division $41,000, and unrealized loss

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Do It! Review 18-3 In its proposed 2017 income stat discontinued music division $57,000, gain on disposal of discontinued music division $41,000, and unrealized loss on available-for-sale securities $154,000. The income tax rate is ts income before inc g unusual items), loss on operation of 27%. Prepare a correct income statement, beginning with income before income taxes. of

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