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Business, 23.06.2020 18:01 BeautyxQueen

g The following are partial income statement account balances taken from the December 31, 2021, year-end trial balance of White and Sons, Inc.: restructuring costs, $460,000; interest revenue, $56,000; before-tax loss on discontinued operations, $560,000; and loss on sale of investments, $66,000. Income tax expense has not yet been recorded. The income tax rate is 25%. Prepare the lower portion of the 2021 income statement beginning with $880,000 income from continuing operations before income taxes. Include appropriate EPS disclosures. The company had 100,000 shares of common stock outstanding throughout the year.

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g The following are partial income statement account balances taken from the December 31, 2021, year...
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