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Saved tab_tab_group_id%253D_2_1%2526url%253D%25252Fwebapp Bedtime Bookstores has two divisions: media and books. The media division had another great year with net sales of $14 million, cost
Saved tab_tab_group_id%253D_2_1%2526url%253D%25252Fwebapp Bedtime Bookstores has two divisions: media and books. The media division had another great year with net sales of $14 million, cost of goods sold of $8 million, operating expenses of $3 million, and income tax expense of $900,000 loss from operations and sale of the book division was $400,000 before taxes and $280,000 after taxes. Assuming the sale of the book division is reported as a discontinued operation, at what amount did Bedtime Bookstores report the discontinued operations? Multiple Choice Loss of $400,000 Gain of $1,700,000 Gain of $1,820,000 Loss of $280,000
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