Required information The following informotion applies to the questions displayed bellow) In the current year, Randa Merchandising incorporated sold its interest in a chain of wholesale outlets, taking the company completely out of the wholesaling business. The company stil operates its retall outiets. A listing of the major soctions of an income statement follows. ndicate where each of the following income-related hems for this company appears on its current year income statement by selecting he appropriate section in the drop down beside each item. Required information The following informotion applies to the questions displayed bellow) In the current year, Randa Merchandising incorporated sold its interest in a chain of wholesale outlets, taking the company completely out of the wholesaling business. The company stil operates its retall outiets. A listing of the major soctions of an income statement follows. ndicate where each of the following income-related hems for this company appears on its current year income statement by selecting he appropriate section in the drop down beside each item