The following data include all the elements from Cambridge Company's income statement: Administrative Expense Cost of Goods Sold Gain on Sale of Securities $873 3,628 623 1,234 1,229 237 8,770 1,425 Income Tax Expense Loss on Discontinued Operations Loss on Disposal of Equipment Revenue Selling Expense What is the amount of income from continuing operations for Cambridge Company? O A. $1,996 B. $3,230 O C. $3,467 O D. $2,607

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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The following data include all the elements from Cambridge Company's income statement:
Administrative Expense
Cost of Goods Sold
Gain on Sale of Securities
Income Tax Expense
Loss on Discontinued Operations
Loss on Disposal of Equipment
Revenue
Selling Expense
What is the amount of income from continuing operations for Cambridge Company?
O A. $1,996
OB. $3,230
$3,467
$2,607
O C.
O D.
$873
3,628
623
1,234
1,229
237
8,770
1,425
Transcribed Image Text:The following data include all the elements from Cambridge Company's income statement: Administrative Expense Cost of Goods Sold Gain on Sale of Securities Income Tax Expense Loss on Discontinued Operations Loss on Disposal of Equipment Revenue Selling Expense What is the amount of income from continuing operations for Cambridge Company? O A. $1,996 OB. $3,230 $3,467 $2,607 O C. O D. $873 3,628 623 1,234 1,229 237 8,770 1,425
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