If the criteria for discontinued-operations reporting are met, the results of operations of the component that is classified as held for sale or that has been sold or otherwise disposed of, including any gain or loss recognized, should be reclassified to discontinued operations in the statement of operations, retrospectively, for all periods presented. In addition, the assets and liabilities of the disposal group must be presented separately on the face of the balance sheet both in the current period (if held for sale) and in prior periods.
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