20 J The following information related to TRT Company for the years 2019 and 2020. 1. Income Statement information: 2019 2020 Net Sale $310.000 $250,000 Cost of Goods Sold 90.000 36,000 Operating Expense 25,000 41,000 Interest Expense 9.000 10.200 Income Tax Expense 10.200 9.600 Net Income +54 800 100,200 2. Other information: 2019 Total Assets $250.000 $190.000 Construction in Progress 15000 11200 7000 intangible Assets Long-term debes 70.000 70,000 carrentabilities 50.00 10.000 Preferred Socks, 5% 210.000 150.000 Commons Dividend for common Shares 34000 50.000 16 10 Market Price of common Shares 40.000 3. Common Stock outstanding information: -No change in outstanding common shares during 2019, * In 2020 the following changes occurred: by 2020 segung Art. 2020 S 20.000 July 2020 Treasurys 8.000 Sect 3.2020 Shreases November 2020 Soeng 10 950 Dec 312023 Sard 1 instructions For the year 2020 compute Farings Ber 52 20 J The following information related to TRT Company for the years 2019 and 2020. 1. Income Statement information: 2019 2020 Net Sale $310.000 $250,000 Cost of Goods Sold 90.000 36,000 Operating Expense 25,000 41,000 Interest Expense 9.000 10.200 Income Tax Expense 10.200 9.600 Net Income +54 800 100,200 2. Other information: 2019 Total Assets $250.000 $190.000 Construction in Progress 15000 11200 7000 intangible Assets Long-term debes 70.000 70,000 carrentabilities 50.00 10.000 Preferred Socks, 5% 210.000 150.000 Commons Dividend for common Shares 34000 50.000 16 10 Market Price of common Shares 40.000 3. Common Stock outstanding information: -No change in outstanding common shares during 2019, * In 2020 the following changes occurred: by 2020 segung Art. 2020 S 20.000 July 2020 Treasurys 8.000 Sect 3.2020 Shreases November 2020 Soeng 10 950 Dec 312023 Sard 1 instructions For the year 2020 compute Farings Ber 52