Prepare a partial income statement for finley beginning

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Reference no: EM131807708

Finley Corporation had income from continuing operations of $11, 600,000 in 2014. During 2014, it disposed of its restaurant division at an after-tax loss of $202, 500.

Prior to disposal, the division operated at a loss of $397, 500 (net of tax) in 2014. Finley had 10,000,000 shares of common stock outstanding during 2014.

Prepare a partial income statement for Finley beginning with income from continuing operations.

Reference no: EM131807708

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