Dalton Dress Apparel, Inc. is a publicly traded wholesaler of men's dress ware. During $2018,$ Dalton decided to divest its holding in a subsidiary named Extraordinary Gentleman; Dalton experienced a gain on this disposal of a subsidiary. The following information will be useful when preparing Dalton's $2018$ income statement, statement of retained earnings, and statement of comprehensive income Dalton receives interest regularly from bonds it holds from Nike Dalton pays its sales personnel a base salary plus commission Dalton sold two delivery trucks to another wholesaler at a loss. It still has several trucks in its fleet Dalton owns a controlling interest $(75\%)$ of a shoe manufacturer named Heavenly Wingtips. During $2018,$ Heavenly Wingtips had $$135,000$ worth of net income. Dalton is taxed at a $25\%$ rate. Dalton has $100,000$ shares of common stock outstanding throughout the entire $2018$ year. Dalton had retained earnings of $$1,590,000$ at the beginning of the year and does not need to make any prior period adjustments on its $2018$ statement of retained earnings. During $2018,$ Dalton appropriated $125,000$ of retained earnings for the construction of a new warehouse. Dalton paid cash dividends of $$1\mathrm{.}15$ per share to its common shareholders during the year. Dalton had the following income sources of and the following expenditures during the year