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During 2020, Sandhill Co.disposed of Sandra Division, a major component of its business, Sandhill realized a gain of $ 2900000, net of taxes, on the

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During 2020, Sandhill Co.disposed of Sandra Division, a major component of its business, Sandhill realized a gain of $ 2900000, net of taxes, on the sale of Sandra's assets. Sandra's operating losses, net of taxes, were $ 3530000 in 2020. How should these facts be reported in Sandhill's income statement for 2020? Total Amount to be included in Income from Results of Continuing Operations Discontinued Operations 2900000 gain 3530000 loss 630000 loss 0 630000 loss $3530000 loss $ 2900000 gain

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