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Selected account balances from the adjusted trial balance for Olinda Corporation as of its calendar...

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Accounting

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Selected account balances from the adjusted trial balance for Olinda Corporation as of its calendar year-end December 31, 2017, follow Debit Credit $15,900 a. Interest revenue b. Depreciation expense-Equipment. c. Loss on sale of equipment d. Accounts payable e. Other operating expenses f. Ac g. Gain from settlement of lawsuit h. Accumulated depreciation-Buildings i. Loss from operating a discontinued segment (pretax) j. Gain on insurance recovery of tornado damage k. Net sales 1. Depreciation expense-Buildings m. Correction of overstatement of prior year's sales (pretax) n. Gain on sale of discontinued segment's assets (pretax) o. Loss from settlement of lawsuit p. Income taxes expense q. Cost of goods sold $ 35,900 27,750 45,900 108,300 cumulated depreciation-Equipment 73,500 45,900 178,300 20,150 31,020 1,017,500 53,900 17,900 25,650 501,500 43,500 4. What is the amount of net income for the year? Net income

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