Question: Please complete all 3 problems. Highlight each answer. Thank you Question 2 Sunland Company reports operating expenses in two categories: (1) selling and (2) general

Please complete all 3 problems. Highlight each answer. Thank you  Please complete all 3 problems. Highlight each answer. Thank you Question
2 Sunland Company reports operating expenses in two categories: (1) selling and
(2) general and administrative. The adjusted trial balance at December 31, 2020,

Question 2 Sunland Company reports operating expenses in two categories: (1) selling and (2) general and administrative. The adjusted trial balance at December 31, 2020, included the following expense accounts: Accounting and legal fees $430000 Advertising 352000 Freight-out 225800 Interest 179100 Loss on sale of long-term investments 91300 Officers' salaries 538000 Rent for office space 546000 Sales salaries and commissions 405700 One-half of the rented premises is occupied by the sales department. How much of the expenses listed above should be included in Sunland's general and administrative expenses for 20207 $1420100 51499100 51332300 $1241000 Question Attempts: 0 of 1 used SUONET ANSWER Question 3 Cullumber Company has a tax rate of 40 percent and income before non-operating items of $1394000. It also has the following items (gross amounts), Unusual loss $221000 Discontinued operations loss 606000 Gain on disposal of equipment 46500 Change in accounting principle Increasing prior year's income 318500 What is the amount of income tax expense Cullumber would report on its income statement? $557600 $372800 5596600 5487800 Question Attempts: 0 of 1 used VETOLAR SUOMET ARSEN Question 4 Crane Company incurred the following infrequent losses during 2020: A $280000 write-down of equipment leased to others. A $142000 downward adjustment of receivable accruals on long-term contracts. A $227000 write-off of obsolete Inventory. In its 2020 income statement, what amount should Crane report as total unusual losses? $369000. O $507000. O $649000. $422000 Question Atte

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