Coopers reported the following items in its adjusted trial balance for the year ended December...
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Accounting
Coopers reported the following items in its adjusted trial balance for the year ended December 31, 2013: Income from continuing operations before income taxes $110,000) Extraordinary gain on property condemnsation 28,000) Extraordinary loss on natural disaster (50,000) Coopers is subject to a 34% tax rate. Required: Prepare the December 31, 2013, income statement for Coopers, starting with income from continuing operations before income taxes.
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