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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Utech Company has income before irregular items of $374,400 for the year ended December 31, 2014. It also has the following items (before considering income taxes): (1) an extraordinary fire loss of $59,500 and (2) a gain of $27,700 from the disposal of a division. Assume all items are subject to income taxes at a 25% tax rate.
Prepare Utech CompanyAc€?cs income statement for 2014, beginning with Ac€A?Income before irregular items.Ac€??
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