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melll _ Mum-Step Income Statement Indicate the major section or subsection of a multiple-step income statement and statement of retained earnings in which each of the following items would usually appear: 20 points (1 point each) uno spearsa and Non-operating Revenues, Gain, Expenses, & Losses Section A. Net Sales Section B. Cost of Goods Sold Section C. E. Discontinued Operations F. Selling, General, & Administrative Expenses Extra-ordinary Items G. Not reported on the Income Statement 1. Advertising . Sales returns and allowances 3. Dividend revenue 4. Land held for speculation Loss on disposal of a toy division, net of taxes _- 6. Interest expense 7. Discount on Bonds Payable 8, Major casualty loss, net of taxes 9. Sales discount lost 10. Prior period adjustment, net of taxes 11. Sales discounts 12. Salaries and wages _-13. Freight-in 14. Significant loss due to severe earthquake, net of taxes -15. Dividends declared -16. Gain on the sale of equipment 17. Loss on operations of a toy division, net of taxes 18. Beginning inventory 19. Freight-out 20. Loss on exchange of foreign currency