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The following list of items was extracted from the December 31, 2020, trial balance of Future Products Corp. Use the following information Credit Debit $

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The following list of items was extracted from the December 31, 2020, trial balance of Future Products Corp. Use the following information Credit Debit $ 91,370 116,446 27,600 $881,790 Salaries expense Income tax expense (continuing operations) Loss from operating Division C (net of $11,460 tax benefit) Sales Total effect on prior years' profit of change from declining balance to straight- line depreciation (net of $12,960 tax) Gain on provincial condemnation of land owned by Future Depreciation expense Gain on sale of Division C (net of $22,960 tax) Cost of goods sold 40,440 103,400 70,830 73,800 474,220 Prepare the company's multiple-step income statement for 2020. (Enter all amounts as positive values.) 14 Income Statement For Your Ended December 31, 2020 nts Skipped Operating expenses eBook Total operating expenses Print References Other revenues/expenses Discontinued operations: $ 0 araw O De bere to search RE *

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