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Question 9 4 points Use the Somerset Corporation 2019 data set below to answer this question How much net income would Somerset report in 2019

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Question 9 4 points Use the Somerset Corporation 2019 data set below to answer this question How much net income would Somerset report in 2019 if we ASSUME that the company reported income before tax of $2.500.000 on its multiste income statement for the year and provided the additional information below? Column2 Column Data set below for Somerset Corporation for the year ended 12/31/19 Cost of goods sold Loss on disposal of the Shelly division discontinued ncome from operation of the Shelly division discontinued Loss on write down of Property Piant & Equipment Selling general and administrative expenses Tax rate 1,800,000 400,000 800,000 100,000 500,000 30.0% D A $1,750,000 9.51778,000 OC $2,338,000 00:51,820.000

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