Skysong Corporation at June 30, 2020 goods sold missions $1,591,380 31,400 897,600 and wages expense (sales) 56,910 99,340 expense (salespersons) 31,300 22,560 ertainment expense 14,840 Telephone and Internet expense (sales) 9,120 Depreciation expense (sales equipment) 5,092 Maintenance and repairs expense (sales) 5,655 Miscellaneous selling expenses 4,254 Office supplies used 3,722 Telephone and Internet expense (administration) 2,677 The Retained Earnings account had a balance of $335,100 at July Depreciation expense (office furniture and equipment) Property tax expense Bad debt expense (selling) Maintenance and repairs expense administration Office expense Sales returns and allowances Dividends received Interest expense Income tax expense Depreciation understatement due to error-2017 (net of tax) Dividends decared on preferred stock Dividends declared on common stock $6,799 7,117 4,411 8,681 5,590 57,189 36,590 18,510 105,270 18,787 9,610 33,420 19. There are 84/450 shores of common stock outstanding Supplies Expense 3722 Total Administrative Expenses GE 34586 Income from Operations 288073 Tother Revenues and Gains Dividend Revenue 36590 Other Expenses and Losses Interest Expense 18510 Income Before Income Tax Income Tax 105270 Net Income / Loss Earnings Per Common Share