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will rate! Apex Co. decided to sell an unprofitable e company. At the end of the year, the een sold. The segment had a pretax
will rate!
Apex Co. decided to sell an unprofitable e company. At the end of the year, the een sold. The segment had a pretax Iim operations during the period of $150,000. At the segment of th segment had not b loss from end of the reporting period, the segment assets had an eair value minus anticipated costs to sell of and a book value of $2,000,000. Apex ncome from continuing operations after tax of $328,000. All items are taxed at 40% Required: How will this appear on the income statementStep by Step Solution
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