In the current year, Randa Merchandising Incorporated 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. A listing of the major sections of an income statement follows.

Item Debit Credit

$1.$ Net sales $ $3,300,000$

$2.$ Gain on state's condemnation of company property $262,000$

$3.$ Cost of goods sold $ $1,684,000$

$4.$ Income tax expense $247,000$

$5.$ Depreciation expense $264,000$

$6.$ Gain on sale of wholesale business segment, net of tax $882,000$

$7.$ Loss from operating wholesale business segment, net of tax $505,000$

$8.$ Loss of assets from meteor strike $728,000$

Indicate where each of the following income$-$related items for this company appears on its current year income statement by selecting the appropriate section in the drop down beside each item.