ns Selected information about income statement accounts for the fiscal year ends on December 31) nt accounts for the Reed Company is presented below (th 2017 2018 Sales Cost of goods sold Administrative expenses Selling expenses Interest revenue $4,400,000 2,860,000 800,000 360,000 150,000 200,000 50,000 $3,500,000 2,000,000 675,000 312,000 40,000 200,000 Interest expense Loss on sale of assets of discontinued component