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Cendant Corporation's results for the year ended December 31, 2018, include the following material

items:

 

Sales revenue $ 6,320,000  

Cost of goods sold   3,780,000  

Selling and administrative expenses   1,280,000  

Loss on sale of investments   182,000  

Loss on discontinued operations   489,000  

Loss on impairment from continuing operations   74,000  


Cendant Corporation's income from continuing operations before income taxes for 2018 is:

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INCOME STATEMENT FOR THE YEAR ENDEDDECEMBER 31, 2018 $ Sales revenue... View the full answer

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