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In the current yeal, Randa Merchandising incorporated sold its interest in a chain of wholesale outiots. taking the company completely cut of the wholesaling business.

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In the current yeal, Randa Merchandising incorporated sold its interest in a chain of wholesale outiots. taking the company completely cut of the wholesaling business. The company still operates its retail outlets. A lisung of the mojor sections of an income statement follows Cate where each of the following income-rototed items for this company appears on its current year income stotement by selecting approprate sectuarr in the drop down beside each item

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