In the current year, Randa Merchandising, Inc., sold its interest in a chain of wholesale outlets, taking the company completely out of the wholesaling business. The company still operates its retail outlets. Indicate where each of the following income statement-related items for this company appears on its current year income statement by selecting the appropriate section in the drop down beside each item. Section Item Amortization expense Gain on state's condemnation of company property Loss of assets from meteor strike Loss from property seized by foreign government Cost of goods sold Gain due to an infrequent calamity Loss from labor strike at manufacturing facility Gain on sale of wholesale business segment, net of tax 4 8.1 Taxes reported on income (loss) from continuing operations n the current year, Randa Merchandising, Inc., sold its interest in a chain of wholesale outlets, taking th he wholesaling business. The company still operates its retail outlets. ndicate where each of the following income statement-related items for this company appears on its y selecting the appropriate section in the drop down beside each item. Section In expense Income (loss) from operating a discontinued segment, or gain (loss) from its disposal te's condemna ets from meteo Other unusual and/or infrequent gains (losses) property seized Taxes reported on income (loss) from continuing operations bds sold Net sales less operating expense section an infrequent JCUSS Troriabor strike at ma 8. Taxes reported on income (loss) from continuing operations Gain on sale of wholesale