Required information Use the following information for the Exercies below. (Algo) (The following informatian applies to the questions desplayod below) In the current year, Fanda Merchandising incorpocated sold its interest in a choin of wholesale outlet, taking the company completely out of the wholesaling busiress. The compary stili operates its retal outets. A listing of the englor soctons of an income statement follows. Exercise 17-17A (Algo) Income statement cotegories LO A2 indicate where each of the following income-related igems for this company appears an its curent year inceme statement by selecting the apbiopriate tection in the drop down beside osch sem. in income statement follows. ise 17-17A (Algo) Income statement categories LO A2 2 where each of the following income-related items for this compary appesis on its curtent year income statement by selocting yopriate section in the drop down beside each item