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Unformatted text preview: Gain on expense recording error 120,000 Loss on sale of chains assets (140,000) (including 160,000 from Jan. Nov.) Gain on early extinguishment of bonds 400,000 Total discontinued operations 480,000 Income tax benefit (480,000 X 30%) 144,000 Net Income $1,344,000...
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- Spring '10
- Income Statement