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Question 2 Given the following information Sales Selling Expenses Cost of goods sold 18,000 Dividend Revenue Administrative expenses 548,000 | 12,500 | 112,500 | Sales

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Question 2 Given the following information Sales Selling Expenses Cost of goods sold 18,000 Dividend Revenue Administrative expenses 548,000 | 12,500 | 112,500 | Sales Returns and Allowances 21,000 | 22,500 | 16,000 | 14,000 | 5,000 | ( ) Income tax expense Sales discount Loss From sale of land Interest expense 8,000 Rent Revenue 9,000 Prepare Income Statement

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