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The following information was extracted from the 2020 financial statements of Sunland Company: Income from continuing operations before income tax $706500 Selling and administrative expenses

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The following information was extracted from the 2020 financial statements of Sunland Company: Income from continuing operations before income tax $706500 Selling and administrative expenses 480500 Income from continuing operations 503500 Gross profit 1346000 Assuming that there are no other revenues and gains, amount reported for other expenses and losses is $226000 $159000. $23000. O $203000

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