Question: When filling out an Income statement, How do I determine the amounts for interest expense, interest revenue, land and income taxes? Are these apart of

When filling out an Income statement, How do I determine the amounts for interest expense, interest revenue, land and income taxes? Are these apart of the income statement? Would the land be put under loss on disposal on plant asset as an amount of $3900?
- Net income was $56,200
- Depreciation expense was $13,400
- Sold land for $46,900
- Paid long-term note payable of $61,000
- Paid short-term note payable by issuing common stock of $4,700
- The income statement shows the following information: Sales $245,300, Interest Revenue $10,600, Cost of Goods Sold $82,800, Salary Expense $38,800, Other Expenses $42,000, Depreciation Expense $13,400, Income Tax Expense $9,900, Loss on Sale of Land $6,700, Interest Expense $6,100.

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