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Quesuon Completion Status: 20 4 50 100 11 120 13 14 150 16 17 18 19 estion 11 1 points Save Ansv Susan Co. 31/12/19

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Quesuon Completion Status: 20 4 50 100 11 120 13 14 150 16 17 18 19 estion 11 1 points Save Ansv Susan Co. 31/12/19 Debits Credits Partial Trial Balance Data Sales revenue 850,000 Interest revenue 60,000 Gain on sale of investments 110,000 Cost of goods sold 500,000 Loss on flood damage 6,500 Restructuring cost 23,000 Salaries and wages 150,000 Depreciation expense 40,000 Interest expense 30,000 60,000 Marketing and administrative expensest Susan had 50,000 shares outstanding throughout the year. Income tax expense has not yet been accrued. The effective tax rate is 30% you are required to prepare multiple income statement How much is Net income? 0 11

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