Response to the following questions:
1. A health food distributor selling wholesale dairy products and vitamins decides to discontinue the division that sells vitamins. How should this discontinuance be classified on the income statement?
2. Why are unusual or infrequent items disclosed before tax?
3. In the future, we should expect few presentations of a "cumulative effect of change in accounting principle." Comment.
If possible, please give examples to better understand your response.