Question: A ) Ending Inventory 1 2 3 1 / XX is $ 3 8 , 0 0 0 B ) The loss on disposal is

A) Ending Inventory 1231/XX is $38,000
B) The loss on disposal is already NET of tax of $6,000, the operating loss is already NET of tax of $4,000
C) The uninsured flood loss is already NET of tax of $2,000
Prepare a multi step income statement.
 A) Ending Inventory 1231/XX is $38,000 B) The loss on disposal

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