On June 30, 20X0, Bow Corporation incurred a $150,000 net loss from disposal of a business component. Also on June 30, 20X0, Bow paid $50,000 for property taxes assessed for the calendar year 20X0. What amount of the preceding items should be included in the determination of Bow's net income or loss for the six-month interim period ended June 30, 20X0?
A. $100,000
B. $200,000
C. $175,000
D. $150,000
Answer: C
Business
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