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In its income statement for the year ended December 31, 2022, Swifty Corporation reported the following condensed data. Salaries and wages expenses $381,300 Loss on
In its income statement for the year ended December 31, 2022, Swifty Corporation reported the following condensed data. Salaries and wages expenses $381,300 Loss on disposal of plant assets $68,470 809,340 Sales revenue 1,812,200 Cost of goods sold Interest expense 58,220 Income tax expense 20,500 Interest revenue 53,300 Sales discounts 131,200 Depreciation expense 254,200 Utilities expense 90,200 Swifty Corporation Income Statement For the Year Ended December 31, 2022 Sales Revenues $ 4: 4 $ $
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