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Business, 18.12.2019 21:31 liltrewill7008

Stellar, inc. decided on january 1 to discontinue its telescope manufacturing division. on july 1, the division’s assets with a book value of $840,000 are sold for $600,000. operating income from january 1 to june 30 for the division amounted to $130,000. ignoring income taxes, what total amount should be reported on stellar’s income statement for the current year under the caption, discontinued operations?

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Stellar, inc. decided on january 1 to discontinue its telescope manufacturing division. on july 1, t...
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