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10 pts Question 20 SoCal Company Income Statement Year Ended December 31, 2021 Sales $ 249,000 Interest Revenue 2.300 Gain on the sale of Land

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10 pts Question 20 SoCal Company Income Statement Year Ended December 31, 2021 Sales $ 249,000 Interest Revenue 2.300 Gain on the sale of Land 5.300 $ 256,600 124,000 43,000 14,000 Total Revenues & Gains Cost of Goods Sold Salary Expense Depreciation Expense Other Operating Expenses Interest Expense Income Tax Expense Total Expenses & Losses 20.000 1,600 5.100 207.700) Net Income $ 48,900 Additional information provided by SoCal Company includes the following: 1. Current assets, other than cash, increased by $21,000 2. Current liabilities decreased by $1,200 Net cash inflow from Operating Activities is

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