Logan Corp.'s trial balance of income statement accounts for the year ended December 31, 2014 included the following: Debit Credit $280,000 Sales revenue Cost of goods sold $150,000 Administrative expenses 40,000 Loss on sale of equipment 18,000 Commissions to salespersons 16,000 Interest revenue 10,000 Freight-out 6,000 Loss due to earthquake damage 24,000 Bad debt expense 6,000 Totals $260.000 $290,000 Other information: Logan's income tax rate is 30%. Finished goods inventory: January 1, 2014 $160,000 December 31, 2014 140,000 On Logan's multiple-step income statement for 2014, Extraordinary loss is a. $16,800. b. $24,000. C. $29,400 d. $42,000