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Question 14 (10 points) During 2019, a division of the Johnson company was discontinued. The division is a component of the entity. The division's assets

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Question 14 (10 points) During 2019, a division of the Johnson company was discontinued. The division is a component of the entity. The division's assets were sold for $128,000 but had a book value equal to $80,000. The division reported a pre-tax profit of $44,000. The tax rate is 30%. QUESTION: What amount was reported as "Income from discontinued operations" in Johnson's 2019 income statement

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