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Sales revenue $1,000,000 Cost of goods sold 600,000 Salaries and wages expense 80,000 Depreciation expense 110,000 Dividend revenue 90,000 Utilities expense 10,000 Discontinued operations loss
Sales revenue $1,000,000
Cost of goods sold 600,000
Salaries and wages expense 80,000
Depreciation expense 110,000
Dividend revenue 90,000
Utilities expense 10,000
Discontinued operations loss 100,000
Interest expense 20,000
4. Given the following pre-tax amounts, what would be the income tax expense reported on the face of the income statement?
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