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Use the Following Information for Questions for Pear Limited, Events

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Use the following information for questions For Pear Limited, events and transactions during 2015 included the following.The tax rate for all items is 30%. 1) Depreciation for 2014 was found to be understated by $30,000. 2) A strike by the employees of a supplier resulted in a loss of $20,000. 3) The inventory at December 31, 2013 was overstated by $40,000. 4) A flood destroyed a building that had a book value of $400,000.Floods are very uncommon in that area.
-Sesame Corp.'s adjusted trial balance at December 31, 2014 included the following: Use the following information for questions For Pear Limited, events and transactions during 2015 included the following.The tax rate for all items is 30%. 1) Depreciation for 2014 was found to be understated by $30,000. 2) A strike by the employees of a supplier resulted in a loss of $20,000. 3) The inventory at December 31, 2013 was overstated by $40,000. 4) A flood destroyed a building that had a book value of $400,000.Floods are very uncommon in that area. -Sesame Corp.'s adjusted trial balance at December 31, 2014 included the following:   Sesame uses the perpetual system, and their income tax rate is 30%.On Sesame's multiple- step income statement for 2014, income from discontinued operations is A) $10,500. B) $16,800. C) $24,000. D) $24,500. Sesame uses the perpetual system, and their income tax rate is 30%.On Sesame's multiple- step income statement for 2014, income from discontinued operations is

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