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The Following Information Is Available About Fred Inc's Discontinued Operations

Question 117

Multiple Choice

The following information is available about Fred Inc's discontinued operations:  Profit attributable to discontinued operations (before taxes)  $1,700,000 Net loss on disposal 200,000 Income taxes attributable to discontinued operations 100,000\begin{array} { | l | r | } \hline \text { Profit attributable to discontinued operations (before taxes) } & \$ 1,700,000 \\\hline \text { Net loss on disposal } & 200,000 \\\hline \text { Income taxes attributable to discontinued operations } & 100,000 \\\hline\end{array} What single amount will be presented on Fred's statement of comprehensive income?


A) $1,400,000
B) $1,500,000
C) $1,600,000
D) $1,700,000

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