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(TCO 5) Misty Company reported the following before-tax items during the current year: Misty's effective tax rate is 40% and there were 1,000 shares of

(TCO 5) Misty Company reported the following before-tax items during the current year: Misty's effective tax rate is 40% and there were 1,000 shares of common stock outstanding. What would be Misty's income before extraordinary item(s)

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