Debit $170,000 Administrative expenses 40,000 Logan Corp.'s trial balance of income statement accounts for the year ended December 31, 2020 included the following: Sales revenue Cost of goods sold Credit $280,000 Loss on sale of equipment 18,000 Commissions to salespersons 16,000 Interest revenue 10,000 Freight-out 6,000 Loss from discontinued operations 24,000 Bad debt expense 6,000 Totals $280,000 $290,000 Other information: Logan's income tax rate is 20%. Finished goods inventory: January 1, 2020 $160,000 140,000 December 31, 2020 On Logan's multiple-step income statement for 2020, the loss of the discontinued operation is $19,200. $24,000 $33,600 $42,000