For the Nine Months Ended April 28, 2019 Net sales $566 Earnings (loss) from operations, after tax (279) Loss on sale of businesses, net of tax (522 Loss from discontinued operations 51331) a. Which of the following best describes how Campbell Soup reported the Bolthouse transaction? 1. Campbell Soup will report the Bolthouse unit as discontinued operations in the quarter in which the unit is formally sold. ii. Campbell Soup reported the Bolthouse unit as discontinued operations in the April 28, 2019, income statement even though the unit had not been formally by then. il Campbell Soup will retroactively report the Bolthouse unit as discontinued operations irgthe year in which the unit is formally sold. iv. Campbell Soup will pro-rate the effects of the Bolthouse unit sale (as discontinued operations) event among the fiscal quarters in year in which the unit is for sold Correct answer b. What amount of sales revenue did Campbell Soup earn from Garden Fresh Gourmet and Bolthouse for the first three quarters of fiscal 20197 $ 279 million c. What amount of earnings did Campbell Soup report from Garden Fresh Gourmet and Bolthouse for the first three quarters of fiscal 2019? $ 510 x millil d. What was the combined selling price for Garden Fresh Gourmet and Bolthouse Farms? $ 617 x million e. Ignoring tax effects, what is the approximate combined net book value of Garden Fresh Gourmet and Bolthouse Farms at the date of their respective disposal 565 X million