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Kaiser Corporation sold its Telecommunications Division during 2010. The company's accountants determined that the division earned $850,000 of pre-tax income during 2008 prior to disposal. The sale resulted in a $370,000 loss before taxes. Kaiser's income from continuing operations for 2008 amounted to $4,138,000. The company's effective tax rate is 35%.
-The amount of income from operations of the Telecommunications Division that would appear on the 2010 income statement of Kaiser Corporation is:

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Definitions:

Pressure

The exertion of force upon a surface by an object, fluid, etc., in contact with it, measured in units such as Pascal (Pa).

Liters

A metric unit of volume equal to one cubic decimeter or 1000 cubic centimeters.

Mole

A unit of measurement in chemistry that quantifies the amount of a substance, specifically 6.022 x 10^23 particles of that substance.

CaCO3

Calcium carbonate, a chemical compound found in rocks as the minerals calcite and aragonite, and is the main component of pearls, as well as marine organisms' shells.

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