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What costs will be reported on up state income statement as

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Question 1: In January 1998, Upstate Electric and Gas incurred significant costs to repair transmission lines damaged by the most severe ice storm of the 20th century. These costs will be reported on Up state's 1998 income statement as:

a) Operating Expenses c) An adjustment in depreciation

b) An Extra-Ordinary Loss d) None of these

Reference no: EM132553498

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