Presented below is information related to Oriole Corp. for the year 2020. Net sales $1,534.000 Write-off of inventory due to obsolescence Cost of goods sold 920.400 Depreciation expense omitted by accident in 2019 Selling expenses 76.700 Casualty loss Administrative expenses 56,640 Cash dividends declared Dividend revenue 23,600 Retained earnings at December 31, 2019 Interest revenue 8,260 Effective tax rate of 20% on all items $94.400 64.900 59.000 53.100 1.156,400 en per un peu 23 ORIOLE CORP. Income Statement > > $ > > > >