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Business, 19.10.2019 03:10 emmalou54

Marin inc. decided on january 1 to discontinue its telescope manufacturing division. on july 1, the division’s assets with a book value of $1285000 are sold for $925000. operating income from january 1 to june 30 for the division amounted to $214000. ignoring income taxes, what total amount should be reported on marin’s income statement for the current year under the caption, discontinued operations?

$214000
$146000 loss
$574000
$36 loss

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Marin inc. decided on january 1 to discontinue its telescope manufacturing division. on july 1, the...
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