1. Net sales Item 2. Gain on state's condemnation of company property 3. Cost of goods sold 4. Income tax expense 5. Depreciation expense 6. Gain on sale of wholesale business segment, net of tax 7. Loss from operating wholesale business segment, net of tax 8. Loss of assets from meteor strike i ences Debit Credit $ 4,300,000 341,000 $ 2,194,000 322,000 344,000 1,149,000 658,000 949,000 ise 13-17A (Algo) Income statement categories LO A2 e where each of the following income-related items for this company appears on its current year income statement by selecting propriate section in the drop down beside each item. Section Not sales Debit $ Credit 4.300.000 Gain on state's condemnation of company property 341,000 Cost of goods sold $ 2,194,000 Income tax expense 322,000 Depreciation expense 344,000 Gain on sale of wholesale business segment, net of tas Loss from operating wholesale business segment, net of tax Loss of assets from meteor strike 1,149.000 658.000 948,000