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Wipfli Company provides auditing services and consulting services. Wipfli sells the consulting services segment for a gain of $88,500 (net of tax). Income from consulting
Wipfli Company provides auditing services and consulting services. Wipfli sells the consulting services segment for a gain of $88,500 (net of tax). Income from consulting services during the year is $23,600 (net of tax). Wipfli reports income from continuing operations of $212.400. Prepare the discontinued segment portion of its income statement Income from continuing operations Discontinued segment Income from consulting segment (net of tax) Gain on sale of consulting segment (net of tax) Net income 0 $ 0
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