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plz solve it asap Ortiz Co.had income from continuing operations of $1,600,000 in 2018. During 2018, it disposed of its restaurant division at an after-tax
plz solve it asap
Ortiz Co.had income from continuing operations of $1,600,000 in 2018. During 2018, it disposed of its restaurant division at an after-tax gain (net of tax) of $190,000. Prior to disposal, the division operated at a loss of $320.000 (net of tax) in 2018 (assume that the disposal of the restaurant division meets the criteria for recognition as a discontinued operation). What is the net income for the year ended 31\12\20188 Select one: a. $2.110,000 O b. $1,470,000 c. $1.090,000 O d. $1,730,000 Previous page Next page Step by Step Solution
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