E n nse ent of loss -2 The following is a partial year-end adjusted trial balance. Account Title Sales revenue. Loss on sale of investments. Debits Credits 350,000 22,000 4,000 Interest revenue. 9 50,000 4 Loss from flood damage. 160,000 Cost of goods sold. General and administrative expenses. 40,000 50,000 Restructuring costs. 25,000 bosq adw al BE 3-9 Accounting change OLO3-6 BE 3-10 Receivables E3 and inventory TH FL Id ac U of Se Puncturnover ratios la O LO3-9 Selling expenses. BE 3-11 T Income tax expense. HOLO Profitability $- ratios ec m Income tax expense has not yet been accrued. The income tax rate is 20%. Determine the fol lowing: (a) operating profit (loss). (b) profit (loss) before any separately reported items, and (c) ne profit (loss). The following are partial statement of profit or loss account balances taken from the December 31 2023, year-end trial balance of White and Sone O LO3-9 T p BE 3-12 Profitability ratios R