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In reporting discontinued operations, the income statement should show in a special section 1. gains on the disposal of a discontinued component. 2. losses

In reporting discontinued operations, the income statement should show in a special section 1. gains on the disposal of a discontinued component. 2. losses on the disposal of a discontinued component. 01 only. O 2 only. O neither 1 nor 2. both 1 and 2.

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