Jill’s Juicy Pies receives an ERC in the amount of $300,000 in 2024. Jill chooses...

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Accounting

Jill’s Juicy Pies receives an ERC in the amount of $300,000 in 2024. Jill chooses to account for the ERC as a conditional contribution under ASC 958. Where should Jill present the ERC on its statement of income: 

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