Required information The following information appllos to the questions displayed below] In the current yea, Rando Merchandising Incorporated sold its interest in a chain of wholesale oulets, taking the company completely out of the whilesaling business. The company stall operates its retail outlets. A listing of the major sections of an income statement follows. Indicate where each of the following income-related items for this company appears on its curtent year income statement by selecting the appropriate section in the drep down boside esch item