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How would amounts be reported on the income statement

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Question - In? 2010, Starscope Company decided to sell its satellite sales? division, even though the division had been profitable during the year. During? 2010, the satellite division earned $54,000 and the taxes on that income were $10,000. The division was sold for a gain of $790,000?, and the taxes on the gain amounted to $41,300. How would these amounts be reported on the income statement for the year ended December? 31, 2010?

Reference no: EM132753405

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