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Business, 01.10.2019 21:20 mari530

Wildhorse co.'s trial balance of income statement accounts only for the year ended december 31, 2020 included the following: debit credit sales revenue $287000 cost of goods sold $173000 administrative expenses 40300 loss on sale of equipment 18100 commissions to salespersons 15900 interest revenue 9800 freight-out 6000 loss from discontinued operations 23900 bad debt expense 6100 other information: wildhorse's income tax rate is 40%. finished goods inventory: january 1, 2020 $158100 december 31, 2020 139000 on wildhorse's multiple-step income statement for 2020, the discontinued operations loss is

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