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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

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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 De follow Debit 5 Credit 15,800 $ 35,800 27,650 45,800 188,200 73,400 45,888 178,120 a. Interest revenue b. Depreciation expense-Equipment c. Loss on sale of equipment d. Accounts payable e. Other operating expenses f. Accumulated depreciation-Equipment 8. Gain from settlement of lawsuit h. Accumulated depreciation-Buildings 1. Loss from operating a discontinued segment (pretax) j. Gain on insurance recovery of tornado damage k. Net sales 1. Depreciation expense-Buildings 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 P. Income tax expense 9. Cost of goods sold 2e, ose 30,92 1,016, see 53,800 17,800 43, 25,550 2 50e,500 4. What is the amount of net income for the year? Net income

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