Sales Revenue, net Interest Expense Cost of goods sold Depreciation expense Profit from discontinued operations Unrealized loss on pension related items Salary and administrative expenses Gain on sale of equipment Impairment of discontinued operations Unrealized gain on available for sale securities Unrealized loss on trading securities Pretax Amounts $6,754,000 (100,000) (1,870,000) (700,000) 20,000 (330,000) (730,000) 120,000 (390,000) 175,000 160,000

Sales Revenue, net Interest Expense Cost of goods sold Depreciation expense Profit from discontinued operations Unrealized loss on pension related items Salary and administrative expenses Gain on sale of equipment Impairment of discontinued operations Unrealized gain on available for sale securities Unrealized loss on trading securities Pretax Amounts $6,754,000 (100,000) (1,870,000) (700,000) 20,000 (330,000) (730,000) 120,000 (390,000) 175,000 160,000

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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