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The manager of Company T seeks to increase his company's Income from Continuing Operations this fiscal year (because his bonus is based on this metric).

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The manager of Company T seeks to increase his company's Income from Continuing Operations this fiscal year (because his bonus is based on this metric). Which of the following actions would accomplish this goal? Assume all sales described below can be completed within the current fiscal year. 1) Selling a truck whose net book value is below the expected selling price. 2) Selling a profitable division whose fair value is higher than the net book value. 3) Selling some long-term investments that were purchased at a price higher than the current market value. 1 and 3 only 1 only 3 only 2 only 0 1 and 2 only O and 3 only

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