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The following items appeared in the year-end trial balance for the Brown Coffee Company: 17 Debits Credits $600,000 $420,000 5 points 200,000 Revenues Operating expenses
The following items appeared in the year-end trial balance for the Brown Coffee Company: 17 Debits Credits $600,000 $420,000 5 points 200,000 Revenues Operating expenses Income on discontinued operations Restructuring costs Interest expense Gain on sale of investments 100,000 20,000 8 03:22:47 30,000 Income tax expense has not yet been accrued. The company's income tax rate is 25%. What amount should be reported in the company's income statement as income from continuing operations? Multiple Choice O $90,000 $82,500 O $43,500 O O $67,500
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