On June 30, year 1, Mill Corp. incurred a $100,000 net loss
from disposal of a business segment. Also, on June 30, year 1,
Mill paid $40,000 for property taxes assessed for the calendar
year 1. What amount of the foregoing items should be included
in the determination of Mill’s net income or loss for the sixmonth
interim period ended June 30, year 1?