Exercise 5-6 (Part Level Submission) Presented below is information for Blossom Company for the month of January 2017. Cost of goods sold Freight-out Insurance expense Salaries and wages expense Income tax expense $33,600 8,100 17,600 395,500 4,200 Other comprehensive income (net of $400 tax) 2,000 $202,200 Rent expense 6,400 Sales discounts 12,500 Sales returns and allowances 64,000 Sales revenue