Slide 12-9 Discontinued Operations Example Loss on segment operations $(150,000) Less: Tax benefits($150,000? 30%) 45,000 Net loss $(105000 Loss on disposal of assets $(100,000) Less: Tax benefits($100,000? 30%) 30.000 Net loss $(70,000 Irwin/McGraw-Hill ?The McGraw-Hill Companies, Inc., 1999?The McGraw-Hill Companies, Inc., 1999 Slide 12-9 Irwin/McGraw-Hill Discontinued Operations Example Loss on segment operations $ (150,000) Less: Tax benefits ($150,000 ? 30%) 45,000 Net loss $ (105,000) Loss on disposal of assets $ (100,000) Less: Tax benefits ($100,000 ? 30%) 30,000 Net loss $ (70,000)