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III. (20 Points) Rollins Company had the following income statement items for the year ended December 31, 2019: Sales revenue $18,900 Cost of goods sold
III. (20 Points) Rollins Company had the following income statement items for the year ended December 31, 2019: Sales revenue $18,900 Cost of goods sold $10,500 Gain on sale of land 200 Selling, general and administrative expenses 2.500 Interest expense 350 Restructuring costs 800 Dividends revenue 950 Loss from foreign currency translation adjustment 1,000 Sales returns 500 Sales discounts 400 In addition, the company discontinued its plastics business component and completed the sale of this discontinued component before the end of the year. During the year, the discontinued component incurred a loss from operations of $1.600 and the company had a gain on disposal of the component's assets of $2,000. Income tax expense has not yet been recorded. The income tax rate is 30% on all items of income (loss). Required: Prepare a 2019 single, continuous statement of comprehensive income for Rollins Inc. Use a multiple-step income statement format
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