Question: (Learning Objectives 3, 4: Measuring fi nancial statement amounts; preparing fi nancial statement amounts) The adjusted trial balances of Victory Corporation at March 31, 20X6,

(Learning Objectives 3, 4: Measuring fi nancial statement amounts; preparing fi nancial statement amounts) The adjusted trial balances of Victory Corporation at March 31, 20X6, and March 31, 20X5, include these amounts (in millions):

Victory completed these transactions during the year ended March 31, 20X6.

Compute the amount of sales revenue, insurance expense, and other operating expenses to report on the income statement for the year ended March 31, 20X6.

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