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The following information is related to Dickinson Company's 2014 operations: Dickson Company decided to discontinue its entire wholesale operations and to retain its manufacturing operations.
The following information is related to Dickinson Company's 2014 operations: Dickson Company decided to discontinue its entire wholesale operations and to retain its manufacturing operations. On September 15, Dickinson sold the wholesale operations to Rogers Company. During 2014, there were 500,000 shares of common stock outstanding all year. Prepare a multiple-step income statement and statement of retained earnings
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