The accountant of Nash Shoe Co. has compiled the following information from the company's records as a basis for an income statement for the year ended December 31, 2020. Rent revenue $30,100 Interest expense 19.100 Market appreciation on land above cost 32,100 Salaries and wages expense (selling) 115,900 Supplies expense (selling) 18,700 Income tax 24,200 Salaries and wages expense (administrative) 137,000 Other administrative expenses 52,800 Cost of goods sold 497,100 Net sales 981,100. Depreciation on plant assets (70% selling, 30% administrative) 66,100 Cash dividends declared 17,100