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Dike Corporation Incurred the Following Losses During 2012: Ignoring

Question 26

Multiple Choice

Dike Corporation incurred the following losses during 2012: Dike Corporation incurred the following losses during 2012: Ignoring income taxes, what amount of loss should Dike report as extraordinary on its annual income statement? A) $320,000 B) $480,000 C) $864,000 D) $1,664,000 Ignoring income taxes, what amount of loss should Dike report as extraordinary on its annual income statement?


A) $320,000
B) $480,000
C) $864,000
D) $1,664,000

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