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Multiplex Products, Inc., decides to discontinue its electronics division. During the current year, the electronics division had after tax income from continuing operations of $180,000.

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Multiplex Products, Inc., decides to discontinue its electronics division. During the current year, the electronics division had after tax income from continuing operations of $180,000. In addition, it disposed sold the division at a pretax loss of $90,000. Prior to disposal, the division operated at pretax gain of $10,000 in 2013. Assume a tax rate of 10%. Prepare a partial income statement. Compute the company's income before income taxes Multiplex Products, Inc., decides to discontinue its electronics division. During the current year, the electronics division had after tax income from continuing operations of S180,000. In addition, it disposed sold the division at a pretax loss of $90,000. Prior to disposal, the division operated at pretax gain of $10,000 in 2013. Assume a tax rate of 10%. Prepare a partial income statement. Compute the company's income before income taxes

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