Question: 10 points QUESTION 7 1. In 2019 KRJ International reported earnings before taxes of $100,000 and tax expense of $35,000, leaving net income of $65,000.

10 points QUESTION 7 1. In 2019 KRJ International reported earnings

10 points QUESTION 7 1. In 2019 KRJ International reported earnings before taxes of $100,000 and tax expense of $35,000, leaving net income of $65,000. During the year it sold a warehouse with a net book value of $18,471 for $11,909; the resulting gain or loss on the sale had been included in the calculation of earnings before taxes. Recalculate the company's net income with the unusual gain or loss removed

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