Question 12 5 pts Santos Company had a 20 percent tax rate. Given the following pre-tax amounts, what would be the 'income tax expense' reported on the face of the income statement? Sales revenue $500,000 Cost of goods sold 300,000 Salaries and wages expense 45.000 Depreciation expense 25,000 Dividend revenue 35,000 Utilities expense 10,000 Discontinued operations loss 100,000 Interest expense 20,000 $29,000 $27.000 $24,000 O None of these are correct $7.000