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Presented below is information related to Donaldson Corp., for the year 2017. Net sales Cost of goods sold Selling expenses Administrative expenses Dividend revenue

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Presented below is information related to Donaldson Corp., for the year 2017. Net sales Cost of goods sold Selling expenses Administrative expenses Dividend revenue Interest revenue Interest expense Write-off of goodwill due to impairment Depreciation expense omitted in 2015 $1,950,000 1,200,000 95,000 70,000 30,000 20,000 45,000 75,000 105,000

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