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The following information was taken from the records of Marigold Inc. for the year 2025: Income tax applicable to income from continuing operations $160,820, income
The following information was taken from the records of Marigold Inc. for the year 2025: Income tax applicable to income from continuing operations $160,820, income tax applicable to loss on discontinued operations $21,930, and unrealized holding gain on available-for-sale debt securities (net of tax) $12,900. Shares outstanding during 2025 were 100,000
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