Required information [The following information applies to the questions displayed below.] Selected account balances from the adjusted trial balance for Olinda Corporation as of its calendar year-end December 31 follow. Assume that the company's income tax rate is 30% for all items. Debit Credit a. Interest revenue b. Depreciation expense-Equipment c. Loss on sale of equipment d. Accounts payable e. Other operating expenses f. Accumulated depreciation-Equipment g. Gain from settlement of lawsuit h. Accumulated depreciation-Buildings $ 14,000 $ 34,000 25,850 44,000 106,400 71,600 44,000 174,500 i. Loss from operating a discontinued segment (pretax) 18,250 j. Gain on insurance recovery of tornado damage k. Net sales 20,000 998,000 1. Depreciation expense-Buildings 52,000 m. Correction of overstatement of prior year's sales (pretax) n. Gain on sale of discontinued segment's assets (pretax) o. Loss from settlement of lawsuit 16,000 34,000 23,250 p. Income tax expense q. Cost of goods sold ? 482,500 Required: 1. Compute the tax effects and after-tax amounts of the three items labeled pretax. Pretax 30% Tax Effect After-Tax Loss from operating a discontinued segment Correction of overstatement of prior year's sales Gain on sale of discontinued segment's assets