100110. Logan Corp.'s trial balance of income statement accounts for the year ended December 31, 2012 included the following: Debit Credit Sales revenue $280,000 Cost of good sold $100,000 Administrative expenses 50,000 Loss on disposal of equipment 18,000 Sales commission expense 16,000 Interest revenue 10,000 Freight-out 6,000 Loss due to earthquake damage 24,000 Bad debt expense 6.000 Totals $220.000 $290.000 Other information: Logan's income tax rate is 30%. Finished goods inventory: January 1, 2012 $160,000 December 31, 2012 140,000 On Logan's multiple-step income statement for 2012, a. b. Income before extraordinary item is $128,000. $94,000. $65,800 $49,000 c. d