ABC Ltd. reported a gain from discontinued operations of $40,000, net of tax. This item...

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Accounting

ABC Ltd. reported a gain from discontinued operations of $40,000, net of tax. This item should be separately presented in the:
Multiple Choice
Single-step format only of the income statement.
Multiple-step format only of the income statement.
Single-step and multiple-step format of the income statement.
Other comprehensive income portion of the statement of comprehensive income.
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