An income statement shows incomebefore income taxes and

Reference no: EM13614519

An income statement shows "incomebefore income taxes and extraordinary items" in the amount of$2,055,000. The income taxes payable for the year are$1,080,000, including $360,000 that is applicable to an extraordinary gain. Thus, the "income before extraordinaryitems" is (Points: 1)
$1,335,000.
$615,000.
$1,395,000.
$675,000.

Which of the following is nota selling expense?

Advertising expense
Office salaries expense
Freight-out

Reference no: EM13614519

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