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Check my work The following list of items was extracted from the December 31, 2020, trial balance of Future Products Corp. Use the following information
Check my work The following list of items was extracted from the December 31, 2020, trial balance of Future Products Corp. Use the following information Credit Debit $ 74,870 102,848 26,500 $771, 790 Salaries expense Income tax expense (continuing operations) Loss from operating Division C (net of $11, 240 tax benefit) Sales Total effect on prior years' profit of change from declining balance to straight-line depreciation (net of $10,760 tax) Gain on provincial condemnation of land owned by Future Depreciation expense Gain on sale of Division c (net of $21,860 tax) Cost of goods sold 36,040 102, 300 ces 69,520 72,700 463, 220 Prepare the company's multiple-step income statement for 2020. (Enter all amounts as positive values.) FUTURE PRODUCTS CORP. Income Statement For Year Ended December 31, 2020 Operating expenses Total operating expenses Other revenuesexpenses Discontinued operations S 0
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