Apollo Company incurred the following infrequent losses during 2014: • A loss of $550,000 on disposal of two of three similar manufacturing plants; company continues to operate the third plant. • A loss of $150,000 from a write-down of inventories to market. • Shutdown losses from a major strike at one of Apollo's plants totaled $340,000. • A loss of $140,000 due to early extinguishment
of long-term debt. In its 2014 income statement how much should Apollo report as total infrequent losses that are not considered extraordinary?
a. $630,000
b. $1,040,000
c. $890,000
d. $1,180,000
B
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