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The following information was taken from the records of Tamarisk inc for the year 2020: Income tax applicable to income from continuing operations $205,700 :
The following information was taken from the records of Tamarisk inc for the year 2020: Income tax applicable to income from continuing operations $205,700 : income tax applicable to loss on discontinued operations $28,050, and unrealized holding gain on available-for-sale securities (net of tax) $16,500 Shares outstanding during 2020 were 100,000 Prepare a single-stepincome statement (with respect to items in income from operatians). (Round earninss per share to 2 ) decimal places, e.s. 1.48.) The following information was taken from the records of Tamarisk inc for the year 2020: Income tax applicable to income from continuing operations $205,700 : income tax applicable to loss on discontinued operations $28,050, and unrealized holding gain on available-for-sale securities (net of tax) $16,500 Shares outstanding during 2020 were 100,000 Prepare a single-stepincome statement (with respect to items in income from operatians). (Round earninss per share to 2 ) decimal places, e.s. 1.48.)
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