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The following Income Statement information has been obtained from the books of Unlimited Liquors Corporation for the year ended March 31, 2022. The Income

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The following Income Statement information has been obtained from the books of Unlimited Liquors Corporation for the year ended March 31, 2022. The Income tax rate is 40% and the company has 50,000 shares of common stock outstanding. Sales Revenue Cost of Goods sold Operating expenses Loss on disposal of $890,000 300,000 220,000 Income from discontinued operations 140,000 discontinued operations 60,000 A. Determine the income or loss from discontinued operations as reported on the Income Statement: B. Determine the net income or loss from the discontinued segment of the company as reported on the Income Statement: C. What is the EPS of the company D. What was the income tax expenses E. Determine the net income of the company

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