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Sandhill Ltd. has profit from continuing operations of $220,000 for the year ended December 31, 2021. It also has the following before considering income tax:

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Sandhill Ltd. has profit from continuing operations of $220,000 for the year ended December 31, 2021. It also has the following before considering income tax: a net gain of $70,000 from the discontinuance of a component of the entity, which includes a $106,000 profit from the operation of the segment and a $36,000 loss on its disposal. Assume that the income tax rate on all items is 30% Prepare a partial income statement, beginning with profit from continuing operations, using the all-inclusive format. Prepare a portal income statement begin with protrom.contingertions using the indushe format SANDHILLTO Pharoah Limited reports profit of $381,000 and its weighted average number of common shares is 185,000. Pharoah also has 18,000, $2.50 preferred shares. Your com Galarreterre care are comedia and two 20 Atems of 5

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