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In its income statement for the year ended December 31, 2022, Sheffield Corp. reported the following condensed data. $511,500 Loss on disposal of plant assets

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In its income statement for the year ended December 31, 2022, Sheffield Corp. reported the following condensed data. $511,500 Loss on disposal of plant assets $91,850 1,085,700 2,431,000 Salaries and wages expenses Cost of goods sold Interest expense Interest revenue 78,100 Sales revenue Income tax expense Sales discounts 27.500 71,500 176,000 341,000 Depreciation expense 121,000 Utilities expense -/2 =

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