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The following items appeared in the 2018 year-end trial balance for the Brown Coffee Company: Debits Credits Revenues Operating expenses Income on discontinued operations Restructuring
The following items appeared in the 2018 year-end trial balance for the Brown Coffee Company: Debits Credits Revenues Operating expenses Income on discontinued operations Restructuring costs Interest expense Gain on sale of investments $600,000 $420,000 200,000 100,000 20,000 30,000 Income tax expense has not yet been accrued. The company's income tax rate is 40%. What amount should be reported in the company's year 2018 income statement as income from continuing operations
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