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The following information for a Nice and Clean Corporation for the year ended December 31, 2020 is given to you. Sales $240,000 Operating expenses $
The following information for a Nice and Clean Corporation for the year ended December 31, 2020 is given to you. Sales $240,000 Operating expenses $ 96,000 Cost of Goods sold $120,000 Restructuring expenses $ 8,000 Income from operations of discontinued segment $ 40,000 Taxes on income from discontinued segment $ 10,000 Taxes on continuing operations $ 12,000 Number of Outstanding shares 40,000 shares What is the income from continuing operations after taxes reported for this company? 1 POINT B $24.000 A S4000 D 548 000 $16,000
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