Help Save & E Checl 2017 Randa Merchandising, Inc., sold its interest in a chain of wholesale outlets, taking the company completely out of the holesaling business. The company still operates its retail outlets. ndicate where each of the following income-related items for this company appears on its 2017 income statement by selecting the ppropriate section in the drop down beside each item. Section Item COWN- Net sales Gain on state's condemnation of company property Cost of goods sold Income taxes expense Depreciation expense Gain on sale of wholesale business segment, net of tax Loss from operating wholesale business segment, net of tax Loss of assets from meteor strike, net of tax