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In the current year, Randa Merchandising, Inc., sold its interest in a chain of wholesale outlets, taking the company c the wholesaling business. The company

image text in transcribed In the current year, Randa Merchandising, Inc., sold its interest in a chain of wholesale outlets, taking the company c the wholesaling business. The company still operates its retail outlets. Prepare the December 31 year-end income statement. (Loss amounts should be indicated with a minus sign.)

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