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The income statement of Ride - On motors, an automotive manufacturer, for the year ended December 3 1 , 2 0 0 9 , reported
The income statement of RideOn motors, an automotive manufacturer, for the year ended December reported revenues $ million and cost of sales of $ million. In addition, it reported other operating expenses of $ million, a loss of $ million on the sale of a business, and net financing income of $ million. Tax expense for the year was $ million. Compute the amount of net income or loss that RideOn motors reported for
a Net Income of $ million
b Net Income of $ million
c Net Loss of $ million
d Net Income of $ Million
e Net Loss of $ Million
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