In 2013, Randa Merchandising, Inc., sold its interest in a chain of wholesale outlets, taking the company completely out of the wholesaling business. The company still operates its retail outlets. A listing of the major sections of an income statement follows:
A. Income (loss) from continuing operations
B. Income (loss) from operating, or gain (loss) from disposing, a discontinued segment
C. Extraordinary gain (loss)

Indicate where each of the following income- related items for this company appears on its 2013 income statement by writing the letter of the appropriate section in the blank beside eachitem.

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Section Item Debit Credit $2.900,000 2. Gain on state's condemnation 230,000 3. Cost of 217,000 232,500 5. Depreciation expense 6. Gain on sale of wholesale business 775.000 segment (net of tax) 7. Loss from operating wholesale business 8. Slaries expense.... 640,000