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Esquire Comic Book Company had income before tax of $2,000,000 in 2016 before considering the following material items: 1. Esquire sold one of its operating divisions, which qualified as a separate component according to generally accepted accounting principles. The before-tax loss on disposal was $450,000. The division generated before-tax income from operations from the beginning of the year through disposal of $700,00
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13 Mar 2022