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sales revenue 700,000 COGS 330,000 Selling and Admin 100,000 Dividends declared paid 8,000 depreciation ex 18,000 interest revenue 7,000 Gain on discontinued operation 15,000 All
sales revenue | 700,000 |
COGS | 330,000 |
Selling and Admin | 100,000 |
Dividends declared paid | 8,000 |
depreciation ex | 18,000 |
interest revenue | 7,000 |
Gain on discontinued operation | 15,000 |
All amounts are before tax, assume 15% tax. what is the amount on a multi step income statement for income from operation?
-252,000
-292,000
-270,000
-277,000
-229,500
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