Current Attempt in Progress Presented below is information related to Carla Vista Corp., for the year 2020. Net sales Cost of goods sold $3.120.000 1,920,000 Selling expenses Administrative expenses Dividend revenue Interest revenue Interest expense 152,000 112,000 48,000 32,000 72.000 Write-off of goodwill due to impairment 120,000 Depreciation expense omitted in 2018 168,000 Dividends declared 192,000 Effect on prior years of change in accounting principle (credit) 352.000 Loss from operations of discontinued component of business 384,000 Gain from disposal of component of business 480,000 Federal tax rate of 30% on all items Caf Cool 50 3 Grow Prote Opening T Selling pr Ad De Courting genes Other Kit and CS OMN Pa Dond INCOME STATEMENT For the Year Ended December 200 V