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Check my wc The following table shows the balances from various accounts in the adjusted trial balance for Unilink Telecom Corp. as of December 31,

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Check my wc The following table shows the balances from various accounts in the adjusted trial balance for Unilink Telecom Corp. as of December 31, 2020: Debit Credit 29,600 $ $ 88,000 60,200 235,600 22 101,600 184,400 102,400 152.400 an a. Interest income b. Depreciation expenne, equipment c. Loss on sale of office equipment d. Accounts payable e. Other operating expenses 4. Accumulated depreciation, equipment 9. Gain from settling a lawsuit h. Cumulative effect of change in accounting principle (pre-tax) i. Accumulated depreciation, building 1. Lons from operating a discontinued operation (pre-tax) k. Gain on expropriation of land and building by government 1. Sales m. Depreciation expense, buildings n. Correction of overstatement of prior year's sales pre-tax) 0. Cain on sale of discontinued operation's assets (pre-tax p. Toss from settling a lawsuit 9. Income taxes expense . Cont of goods sold 47,600 69,200 2,369,200 130,400 36,800 80,000 50,400 1,186,000 Required: 1. Assuming that the company's Income tax rate is 30%, what are the tax effects and after-tax measures of the items labelled as pre- MacBook Air p. Loss from settling a lawsui q. Income taxes expense r. Cost of goods sold 58,400 1,186,000 Required: 1. Assuming that the company's income tax rate is 30%, what are the tax effects and after-tax measures of the items labelled as pre- tax? (Negative answers should be indicated by a minus sign.) Pre-tax 30% Tax Effect After-Tax Measure Tax Effect Measure Cumulative effect of change in accounting principle Loss from operating a discontinued operation Correction of overstatement of prior year's sales Gain on sale of discontinued operation's assets 2 SS L E 2. Prepare a multi-step income statement for the year ended December 31, 2020. (Amounts to be deducted should be indicated by a minnie alan in the other ravonline and ovnencoe cortion and the lerantinuar aneratione eartlan MacBook Air 2. Prepare a multi-step Income statement for the year ended December 31, 2020. (Amounts to be deducted should be indicated by minus sign in the other revenues and expenses section and the discontinued operations section) UNILINK TELECOM CORP. Income Statement For Year Ended December 31, 2020 Operating expenses: Other revenues and expenses Discontinued operations 5 of 6 H

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