Manning Company has the following items: write-down of inventories, $120,000; loss on disposal of Sports Division, $185,000; and loss due to strike, $113,000. Ignoring income taxes, what total amount should Manning Company report as extraordinary losses?
a. $ -0-.
b. $185,000.
c. $233,000.
d. $298,000.
Ans: a. $ -0-.
Business
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