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Question 11 of 21 < > Accoung Beopdown -/1 E Question 8 Assume that Riverbed Inc decided to sell DemandTV Ltd, a subsidiary, on
Question 11 of 21 < > Accoung Beopdown -/1 E Question 8 Assume that Riverbed Inc decided to sell DemandTV Ltd, a subsidiary, on September 30, 2020. There is a formal plan to dispose of the business component, and the sale qualifies for discontinued operations treatment. Pertinent data on the operations of the TV subsidiary are as follows: loss from operations from beginning of year to September 30, $1.9 million (net of tax of $700,000): loss from operations from September 30 to end of 2020. $900.000 (net of tax of $250,000): estimated loss on sale of net assets to December 31, 2020 (net of tax of $50,000), $200,000. The year end is December 31. Riverbed prepares financial statements in accordance with IERS. What is the net income/loss from discontinued operations reported in 2020? Enternetive amounts using elther a negative sign preceding the number eg-45 or parentheses eg (45)) Accounting Uropdown Question 9 Accoueming Dropdown Question 10. Accounong Dropdown Viewing Questions 11 Net Income from discontinued operations $ eTextbook and Media. Accounting Multipart Question 12 Accounting Dropdown Question 13 Accounting Dropdo Question 14 Accounting Dropd
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