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Presented below is information (in thousands) related to Chen Company. Retained earnings, December 31, 2021 650,000 Sales revenue Selling and administrative expenses 1,400,000 240,000
Presented below is information (in thousands) related to Chen Company. Retained earnings, December 31, 2021 650,000 Sales revenue Selling and administrative expenses 1,400,000 240,000 Loss on disposal of component (pre-tax) 260,000 Cash dividends declared on ordinary shares 33,600 Cost of goods sold 830,000 Gain resulting from computation error on depreciation charge in 2020 (pre-tax) 520,000 Rent revenue 120,000 Impairment loss 90,000 Interest expense 10,000
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