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- Kobe’s Clinics provides health services and career counseling. Net income from the health services business this year is $20 million after tax. During the year, Kobe’s Clinics sold the career counseling side of the business at a loss after tax of $6.3 million.
- Show how Kobe’s Clinics would report this loss in the income statement, beginning with income from continuing operations of $20 million.
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