Under what classification would you report each of the following items on the financial statements?
(a) Revenue from sale of obsolete inventory.
(b) Loss on sale of the fertilizer production division of a lawn supplies manufacturer.
(c) Loss stemming from expropriation of assets by a foreign government.
(d) Gain resulting from changing asset balances to adjust for the effect of excessive depreciation charged in error in prior years.
(e) Loss resulting from excessive accrual in prior years of estimated revenues from long-term contracts.
(f) Costs incurred to purchase a valuable patent.
(g) Net income from the discontinued dune buggy operations of a custom car designer.
(h) Costs of rearranging plant machinery into a more efficient order.
(i) Error made in capitalizing advertising expense during the prior year.
(j) Gain on sale of land to the government.
(k) Loss from destruction of crops by a hailstorm.
(l) Additional depreciation resulting from a change in the estimated useful life of an asset.
(m) Gain on sale of long-term investments.
(n) Loss from spring flooding.
(o) Sale of obsolete inventory at less than book value.
(p) Additional federal income tax assessment for prior years.
(q) Loss resulting from the sale of a portion of a business component.
(r) Costs associated with moving a U.S. business to Japan.
(s) Loss resulting from a patent that was recently determined to be worthless.