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In 2015, March Co. had sales of $300,000, cost of goods sold of $160,000, purchase returns of $25,000, selling and operating expenses of $20,000, a

In 2015, March Co. had sales of $300,000, cost of goods sold of $160,000, purchase returns of $25,000, selling and operating expenses of $20,000, a loss on the sale of equipment of $20,000, a gain on the disposal of a business segment of $10,000. What should March report as its income from continuing operations, before taxes?

Select one:

a. $100,000

b. $75,000

c. $85,000

d. $135,000

e. $110,000

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