$\backslash$table$[[,$Debit,Credit$],[$Cash$,$$$6\mathrm{.}400,],[$Accounts Receivable,$3\mathrm{.}900,],[$Note Receivable $($due February $20,2023),2\mathrm{.}600,],[$Inventory$,7,000,],[$Timberland$,21,600,],[$Land$,-17,500,],[$Equipment$,35,000,],[$Patent$,12\mathrm{.}000,],[$Accumulated Depletion,,$$3\mathrm{.}700],[$Allowance for Doubtful Accounts,,$1\mathrm{.}000],[$Accumulated Depreciation$-$Equipment,,$8\mathrm{.}000],[$Notes Payable $($due January $15,2023),,4,700],[$Accounts Payable,,$2,300],[$Common Stock,,$60,000],[$Retained Earnings,,$14\mathrm{.}500],[$Sales Revenue,,$56,000],[$Interest Revenue,,$700],[$Cost of Goods Sold,$23,100,],[$Salaries and Wages Expense,$11\mathrm{.}100,],[$Depreciation Expense,$3\mathrm{.}000,],[$Amortization Expense,$1\mathrm{.}900,],[$Research and Development Expense,$1\mathrm{.}700,],[$Bad Debt Expense,$500,],[$License Expense,$300,],[$Interest Expense,$800,],[$Loss on Disposal of Priant Assets,$2\mathrm{.}500,],[$Total$,$$$150\mathrm{.}800,$$$150\mathrm{.}900]]$

v$2/$assessment$-$player$/$index$.$htmiriaunchid$=$ea$3$d$781$c$-$ce$7$d$-4390-9729-$f$8999$fbe$9$caf$/4/$question$/14$

Question $15$ of $15$

$.\frac{?}{6}$

Lois on Diposal of Plant Alsets

Total

$\frac{2500}{\text{\$}150,900}\frac{?}{5150\mathrm{.}900}$

$($a$1)$

Prepare a multisle$-$step income statement.

Other Cxpernes and Leves

$5$

$$

$$

$$

$$

$$

$$

$$

$$

$$

$$

$$

$80$

F$3$

F$4$

$55$

F$6$

$57$

$58$

$59$

$5\%$

$

$\%$

&

$($

$4$

$5$

$7$

$8$

$0$