Please help! this is my last try- I don't know what the answers are to the parts in red. Thanks!

Question 2 of 6 0.58/3 Presented below are selected ledger accounts of Kingbird Corporation as of December 31, 2020. Cash Administrative expenses Selling expenses Net sales Cost of goods sold Cash dividends declared (2020) Cash dividends paid (2020) Discontinued operations (loss before income taxes) Depreciation expense, not recorded in 2019 Retained earnings, December 31, 2019 Effective tax rate 20% $60,000 120,000 96,000 648,000 252,000 24,000 18,000 48,000 36,000 108,000 X Your answer is incorrect. Compute net income for 2020. Net income $ 34,560.00 e Textbook and Media Question 2 of 6