Can you help me figure out how to compute starting at question 2/ Selected account balances from the adjusted trial balance...

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Can you help me figure out how to compute starting at question 2/

Selected account balances from the adjusted trial balance for Olinda Corporation as of its calendar year end December 31, 2013, follow.

		Debit			Credit
a.	Interest revenue					$	15,700
b.	Depreciation expense—Equipment.		$	35,700
c.	Loss on sale of equipment			27,550
d.	Accounts payable						45,700
e.	Other operating expenses			108,100
f.	Accumulated depreciation—Equipment						73,300
g.	Gain from settlement of lawsuit						45,700
h.	Accumulated depreciation—Buildings						177,900
i.	Loss from operating a discontinued segment (pretax)			19,950
j.	Gain on insurance recovery of tornado damage (pretax and extraordinary)						30,820
k.	Net sales						1,015,500
l.	Depreciation expense—Buildings			53,700
m.	Correction of overstatement of prior year’s sales (pretax)			17,700
n.	Gain on sale of discontinued segment’s assets (pretax)						42,500
o.	Loss from settlement of lawsuit			25,450
p.	Income taxes expense			?
q.	Cost of goods sold			499,500

Section Break

Problem 13-6AA Income statement computations and format LO A2

Problem 13-6AA Part 1

Worksheet	Difficulty: Hard
Problem 13-6AA Part 4	Learning Objective: 13-A2 Appendix 13A—Explain the form and assess the content of a complete income statement.

Problem 13-6AA Part 5

Worksheet	Difficulty: Hard
Problem 13-6AA Part 5	Learning Objective: 13-A2 Appendix 13A—Explain the form and assess the content of a complete income statement.

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