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Tal Timber Company provided the following information for the current year (Click the icon to view the information) The company is subject to a 30
Tal Timber Company provided the following information for the current year (Click the icon to view the information) The company is subject to a 30 income tax rate Read the requirements Requl ne (Use Requirements More info a. Prepare a single statement of comprehensive income beginning with operating Income . Prepare separate statements of niet income and comprehensive income Print Done 1. Operating income amounted to $380,000 2. The company sold investments in bonds at a preta loss of $21.000 3. Tall reported a $5.400 unrealized loss on an aviable for sale portfolio that is included in other comprehensive income 4. The company reported a $18.000 unrealized gain on its trading portfolio, which is included in net income 5. Tal committed to discontinue its retail lumber stores division on January 1 of the current year The retail lumber vores meet the criteria to be presented as a discontinued operation. The retail lumber vores secounted for 10% of the company's operating income. The stores were operated all year 6. The real lumber stores division was sold of December 31 of the current year for a $16.000 pre-tax loss. There was no gain or loss on measurement on January 1 Print Done Choose from any list or enter any number in the input fields and then click Check
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