Presented below are selected ledger accounts of Swifty Corporation as of December 31, 2020. Cash $42,000 Administrative expenses 84,000 Selling expenses 67,200 Net sales 453,600 Cost of goods sold 176,400 Cash dividends declared (2020) 16,800 Cash dividends paid (2020). 12,600 Discontinued operations (loss before income taxes) 33,600 Depreciation expense, not recorded in 2019 25,200 Retained earnings, December 31, 2019 75,600 Effective tax rate 20%