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Jacks Corporation decided to sell its playing card business segment for tt 6 0 0 , 0 0 0 , on September 1 , 2

Jacks Corporation decided to sell its playing card business segment for tt600,000, on September 1,2023.
The disposal date is November 1,2023. The book value of the segment's net assets is t550,000. The pre-
tax income for the segment for the period January 1- September 1,2023 was a loss of tt80,000; the pre-
tax income for the segment for September and October was t+30,000. The company is subject to a tax
rate of 40%.
What is the operating income (loss) related to the discontinued operation of the playing card
business segment reported at December 31?
A)(tt50,000)
B)(t+48,000)
C)(t+30,000)
D)tt18,000
What is the gain related to the disposal of the playing card business assets reported at December
31?
A)t+30,000
B)tt50,000
C)t+360,000
D)tt600,000
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