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Administrative expense $ 62,000 Dividend income 10,000 Incometaxes 100,000 Interest expense 20,000 Merchandise inventory, 1/1650,000 Merchandise inventory, 12/31 440,000 Flood loss (net oftax) 30,0 2

Administrative expense $ 62,000 Dividend income 10,000 Incometaxes 100,000 Interest expense 20,000 Merchandise inventory, 1/1650,000 Merchandise inventory, 12/31 440,000 Flood loss (net oftax) 30,0 2 answers

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