Question 1 1 pts ABC Company has the following information available on December 31, 2017, The tax rate is 25% $6,000 Sales Salaries $240,000 $16,000 Cash $200,000 Sales Revenue $3,000,000 Interest Expense Interest Revenue Administrative Salaries Depreciation (40% selling: 60% administrative) $60,000 Cost of Goods Sold Sales Returns & Allowances Loss on Sale of South American Division Gain on Sale of Equipment $200,000 Dividends Paid $48,000 $1,700,000 Sales Discounts $50,000 $30,000 $70,000 $84,000 Which of the below is the correct date of the Income Statement that ABC would prepare? At December 31, 2017 Neither of the choices Either of the choices For the Year Ended December 31, 2017