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Sales Cost of goods sold Gross Margin Operating Expenses For the Year Ending December 31, 2022 Operating Income Other Gains and Losses: Loss on
Sales Cost of goods sold Gross Margin Operating Expenses For the Year Ending December 31, 2022 Operating Income Other Gains and Losses: Loss on expropriation of land Income from continuing operations before tac Income Tax Expense Income from continuing operations after tax Discontinued Operations: Operating income, $60,000, less income tax of $24,000 Loss on sale of discontinued operations, $50,000, less tax savings of $20,000 Net Income 36,000 $1,550,000 A= $ 587,000 B= $ 248,000 (35,000) $ 213,000 C = D = (30,000) E= F =
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