(Answered)-Income Statement Data for Year Ended December 31, 2013 Income - (2025 Updated Original AI-Free Solution

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Question

???????? ?????????????? Income Statement Data for Year Ended December 31, 2013???????????????????

???????? Income before extraordinary item????????????????????????????????????????????????????????????????????????????????? $272,000

???????? Extraordinary loss:? Condemnation of land???????????????????????????????????????????????????????????????????? ? 132,000

???????? Net income????????????????????????????????????????????????????????????????????????????????????????????????????????????????? $140,000

How to make journal entry of this? It's cash flow problem