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258 Chapter 4 operations before the effect of taxes in its income statement for 20x3? a. O (AICPA) b. 1,500,000 c. 2,000,000 d. 3,500,000 258 Chapter 4 operations before the effect of taxes in its income statement for 20x3? a. O (AICPA) b. 1,500,000 c. 2,000,000 d. 3,500,000 Non-current Assets Held for Sale and Discontinued Operations 259 January 1, 20X5, to April 27, 20x5, the component unit had income of P150,000. However, from the period April 27 to December 25 the component suffered a loss of P50,000. Ignoring taxes, what should ABC report for discontinued operations for 20X5? a. 50,000 b. 50,000 loss c. 200,000 d. 100,000 (AICPA)