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Business, 01.10.2019 19:10 anitadefrances

On december 31, 2021, the end of the fiscal year, revolutionary industries completed the sale of its robotics business for $12.0 million. the robotics business segment qualifies as a component of the entity according to gaap. the book value of the assets of the segment was $8.5 million. the income from operations of the segment during 2021 was $5.5 million. pretax income from continuing operations for the year totaled $13.5 million. the income tax rate is 25%. prepare the lower portion of the 2018 income statement beginning with pretax income from continuing operations. ignore eps disclosures. (amounts to be deducted and negative amounts should be indicated with a minus sign. enter your answers in whole dollars.)

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On december 31, 2021, the end of the fiscal year, revolutionary industries completed the sale of its...
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