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For its fiscal year ending October 31, 2022, Blossom Corporation reports the following partial data. The loss on discontinued operations was comprised of a $50,000

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For its fiscal year ending October 31, 2022, Blossom Corporation reports the following partial data. The loss on discontinued operations was comprised of a $50,000 loss from operations and a $70,000 loss from disposal. The income tax rate is 25% on all items. (a) Prepare a correct partial income statement, beginning with income before income taxes. (Enter loss using either a negative sign preceding the number eg. 2,945 or parentheses eg. (2,945).) Prepare a correct partial income statement, beginning with income before income taxes. (Enter loss using either a negative sign preced the number es. 2.945 or narenthesne a i is oAEII

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