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76. Logan Corp.'s trial balance of income statement accounts for the year ended December 31, 2017 included the following: Debit Sales revenue Cost of goods

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76. Logan Corp.'s trial balance of income statement accounts for the year ended December 31, 2017 included the following: Debit Sales revenue Cost of goods sold Administrative expenses Loss on sale of equipment $280,000 $170,000 40,000 18,000 16,000 Interest revenue Freight-out Loss from discontinued operations Bad debt expense 10,000 6,000 24,000 Totals 280.000 $290,009 Other information: Logan's income tax rate is 30% Finished goods inventory: January 1, 2017 December 31, 2017 $160,000 140,000 On Logan's multiple-step income statement for 2017 The discontinued operations loss is a. $16,800 b. $24,000. c. $29,400 d. $42,000. S

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