The following financial information was summarized from the accounting records of Block Corporation for the current year ended December 31: 
The income from operations for the Hardware Division is:
Definitions:
Useful Life
The estimated period over which an asset is expected to be usable for its intended purpose, affecting its depreciation.
Machine
Equipment or apparatus designed to perform a specific task in the manufacturing process.
Present Value
The immediate worth of anticipated money or streams of cash flows, computed with an agreed-upon rate of return.
Cash Inflows
Money received by a business from its operational, financing, and investing activities.
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