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A company's income statement shows sales revenue of $21,415, depreciation of $1,282,interest paid of$1,611, net income of $1,374, and costs of goods sold of $16,408.
A company's income statement shows sales revenue of $21,415, depreciation of $1,282,interest paid of$1,611, net income of $1,374, and costs of goods sold of $16,408. Financial analysts identify one of these numbers as a so-called "noncash item". What is its dollar amount?
$16,408
$1,374
$21,415
$1,282
$1,611
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