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Fores construction company reported a pretax operating loss of $135 million for financial reporting purposes in 2013. contributing to the loss were (a) a penalty of $5 million assessed by the environmental protection agency for violation of a federal law and paid in 2013 and (b) an estimated loss of $10 million from accruing a loss contingency. the loss will be tax deductible when paid in 2014.
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Fores construction company reported a pretax operating loss of $135 million for financial reporting...
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