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Shamrock Corporation had income from continuing operations of $465,000 for the year ended December 31.2020.1t also had a loss of $50,000 on discontinuance of a

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Shamrock Corporation had income from continuing operations of $465,000 for the year ended December 31.2020.1t also had a loss of $50,000 on discontinuance of a division (before income taxes). All items are subject to income taxes at a 25$5 tax rate: Prepare a partial income statement, beginning with income from continuing operations

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