Question: Example: During the year, Apex Co. sold an unprofitable component of the company. The component had a net loss from operations during the period of

Example: During the year, Apex Co. sold an unprofitable component of the company. The component had a net loss from operations during the period of $150,000 and its assets sold at a loss of S100,000. Apex reported income from continuing operations of $128,387. statement? All items are taxed at 30%. How would this item appear in the income

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