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 Det $2,70,000 265,000 > win on state's concernation of company property 3. Cost of iods Sold 4. Income tax pense 5. Depreciation expert 6. Gain on sale of wholesale business of tax 1. Loss from operating wholesale bu senent, net of tak Loss of assets from meteor strike 51,464,600 2211,000 237,509 76.500 441.000 634,000 Prepare the December 31 year-end Income statement (Loss amounts should be indicated with o minus sign.) RANDA MERCHANDISING, INC. Income Statement For Year Ended December 31 Net sales Expenses Total operating expenses Other unusual and/or introquent guns ossos) Prepare the December 31 year end income statement. (Loss amounts should be indicated with a minus sign.) RANDA MERCHANDISING, INC. Income Statement For Year Ended December 31 Net sales Expenses Total operating expenses Other unusual and/or infrequent gains (losses) Discontinued segment