Income from pati in decreased by the Dlcome befocus belive Others on the income stateme 13) The has been pided by Miler Company Cost of gods sold 542,00 A CST40 ACC 514-Financial Accounting and Analysis 34) Lantry has vided the following informatio Cash collections services yet to be provided.000 A122,000 the sale of property and equip Und $4,00 A) 5421,000 25) Qnce Convided the Prepaid was 37.500 A)$121,300 B$125,550 Osase D$13,000 Version 1 ACC 514 - Financial Accounting and Analysis the landlood's final stating rally accepted in p 7 of 17 23) The following information has been provided by Miller Company: Advertising expense $19,800 Interest expense $7,400 Rent expense for $24,000 Loss on sale of property and equipment 511,400 Cost of goods sold $42,600 Depreciation expense $14.200 Prepaid insurance $2,000 What is the amount included in the Other Items section of Miller's income statement? A) 538,600 B) $18,800 C) $7,400 D) $27,600 Version 1 ACC 514 - Financial Accounting and Analysis 24) Lantz Company has provided the following information: Cash sales totaled $255,000. Credit sales totaled $479,000. Cash collections from customers for services yet to be provided totaled $88,000 A $22,000 loss from the sale of property and equipment occurred. Interest revenue was $7,700. Interest expense was $19,900. Supplies expense was $336,000. Rent expense for the store was $36,000. Wages expense was $49,000 Other operating expenses totaled $79,000. Unearned revenue was $4,000 What is the amount of Lant's total operating expenses? A) $421,000 Bj $500,000 C) $522,000 D) $541,900 25) Quince Corporation has provided the following information: Operating revenues from customers were $299,550. Operating expenses for the store were $166,500. Interest expense was $13,800 Gain from sale of plant and equipment was $4,950. Dividend payments to Quince's stockholders were $11,550. Income tax expense was $54,000. Prepaid rent was $7,500 What is the amount of Quince's operating income (income from operations? A) $121,500 B) $125,550 C) $133,050 D) $138,000