During 2020, Rexdale Corp disposed of Motion Division, a major segment of its business. Rexdale realized a gain of $1,500,000, net of taxes, on the sale of Motion's assets. During 2020, Motion's operating losses, net of taxes, were $1,800,000. How should these facts be reported in Honeydew's income statement for 2020?

Total Amount to be included in

Income from Results of

Continuing OperationsDiscontinued Operations

Question 4 options:

$1,800,000 loss,$1,500,000 gain

1,500,000 gain,1,800,000 loss

0,300,000 loss

300,000 loss,0

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