Missoula Corporation Disposed of One of Its Segments in the Second

Multiple Choice

Missoula Corporation disposed of one of its segments in the second quarter and incurred a gain from disposal of discontinued segment of $600,000,net of taxes.What is the effect of this gain from disposal of discontinued segment?

A) Increase net income from operations for the year by $600,000.
B) Increase second quarter net income by $600,000.
C) Increase each quarter's net income by $150,000.
D) Increase each of the last three quarters' net income by $200,000.