Solution-During the year ended december 31 2014 schmelya

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During the year ended December 31, 2014, Schmelya Corporation incurred the following infrequent losses:

A factory was shutdown during a major strike by employees; costs were $120,000.
A loss of $50,000 was incurred on the abandonment of computer equipment used in the business.
A loss of $82,000 was incurred as a result of flood damage to a warehouse.

How much total loss should Schmelya report in the extraordinary item section of its 2014 income statement?

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During the year ended december 31 2014 schmelya corporation : during the year ended december 31 2014 schmelya corporation incurred the following infrequent lossesa factory was

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