On August 1,2016,Rocket Retailers adopted a plan to discontinue its catalog sales division,which qualifies as a separate component of the business according to GAAP regarding discontinued operations.The disposal of the division was expected to be concluded by June 30,2017.On January 31,2017,Rocket's fiscal year-end,the following information relative to the discontinued division was accumulated:

In its income statement for the year ended January 31,2017,Rocket would report a before-tax loss on discontinued operations of:

Question

On August 1,2016,Rocket Retailers adopted a plan to discontinue its catalog sales division,which qualifies as a separate component of the business according to GAAP regarding discontinued operations.The disposal of the division was expected to be concluded by June 30,2017.On January 31,2017,Rocket's fiscal year-end,the following information relative to the discontinued division was accumulated:

In its income statement for the year ended January 31,2017,Rocket would report a before-tax loss on discontinued operations of:

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The Answer of On August 1,2016,Rocket Retailers adopted a plan to discontinue its catalog sales division,which qualifies as a separate component of the business according to GAAP regarding discontinued operations.The disposal of the division was expected to be concluded by June 30,2017.On January 31,2017,Rocket's fiscal year-end,the following information relative to the discontinued division was accumulated:

In its income statement for the year ended January 31,2017,Rocket would report a before-tax loss on discontinued operations of:

On August 1,2016,Rocket Retailers Adopted a Plan to Discontinue Its