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On October 28, 2021, a company committed to a plan to sell a division that qualified as a component of the entity according to GAAP

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On October 28, 2021, a company committed to a plan to sell a division that qualified as a component of the entity according to GAAP regarding discontinued operations and was property classified as held for sale on December 31, 2021, the end of the company's fiscal year. The division's loss from operations for 2021 was $1880,000 The division's book value and fair value less cost to sell on December 31 were $2.840,000 and $3.630.000, respectively. What before-tax amounts should the company report as toss on discontinued operations in its 2021 income statement? Mutiple Choice No loss would be reported. $70.000 in included in contruing operations and $1880,000 hus from scottinued operations 12.570.000 SUODOS los

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