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Presented below is information related to Anderson Company for 2022. Anderson decided to discontinue its entre wholesale operations and to retain its manufacturing operations. On
Presented below is information related to Anderson Company for 2022. Anderson decided to discontinue its entre wholesale operations and to retain its manufacturing operations. On September 15, Anderson sold the wholesale operations to Rogers Company. During 2022, there were 500,000 ordinary shares outstanding all year. Prepare an income statement for the year ended 31 December 2022. Applicable tax rate is 30%
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