The following are Income Statement Special Items reviewed in Section B of the class outline. Please answer the question below using A-F or T/F

1. Unusual or Infrequent Item
2. Equity Earnings
3. Discontinued Operations
4. Extraordinary Items
5. Change in Accounting Principle
6. Net earnings related to Non-controlling Interest

______Which of the above items, if material, is reported on its own line and above earnings before taxes on a pre-tax basis?

______Which of the above items is reported on Amazons income statement after the line item for income tax provision?

______True or False: The item above is reported net of tax

The 2017 (2/07/2018) Southwest Airlines Form 10-K shows acquisition and integration expenses related to its acquisition of AirTran in the 2015 column. This represents an example of item A above. Which one of the following companies has an item reported on its income statement that would be in this same category?

____________Amazon OR Best Buy What was the line item(s) called? ________________

Which one of the following companies reported Discontinued Operations?

_________Amazon

_________Best Buy

_________Southwest Airlines

What did the discontinued operations relate to? ___________________

_____ True or False: In general, items reported after the line item for Income Tax Expense (provision) are reported net of tax.