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Product line Lakeland Financial Services provides outsourcing services for three areas: payroll, general ledger (GL), and tax compliance. The company is currently contemplating the elimination
Product line Lakeland Financial Services provides outsourcing services for three areas: payroll, general ledger (GL), and tax compliance. The company is currently contemplating the elimination of the GL area because it is showing a pre-tax loss. An annual income statement follows. If the GL area were dropped, how would the company's pre-tax profit be affected? Note: Do not use a negative sign with your answer. Dropping the segment would result in an $
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