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XYZ Company recently decided to sell one of its divisions. The following information is available Loss from operations of the division: $300,000 Gain on disposal

XYZ Company recently decided to sell one of its divisions. The following information is available

Loss from operations of the division: $300,000

Gain on disposal of the division: $150,000

Effective tax rate: 20%

The net combined income (loss) from operations of the division and the disposal of the division that would be shown as a line item on the income statement is S negative number. Do not repeat the dollar sign.)

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