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Last year, before providing for taxes, Holland Company had: Income from continuing operations $940,000 Extraordinary gain $105,000 Current effective tax rate on continuing operations income

Last year, before providing for taxes, Holland Company had:

Income from continuing operations $940,000

Extraordinary gain $105,000

Current effective tax rate on continuing operations income 36%

Total tax liability 396,000

What was the amount of the extraordinary gain, net of tax effect?

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