the following data pertains to Debra Company on Dec
supplies $
cash
accounts receivable
allowance for bad debits
equipment
land
merchandise inventory
building
dividends
common stock par $
sales discount
interest revenue
sales
sales return
depreciation expense
shipping expense
supplies expense
cost of goods sold
Salaries expense
interest expense
rent expense
unrealized holding loss related to long term investment
losses due to earthquake pretax and extraordinary item
gain on disposition of Mexico branch pretax
accumulated other comprehensive income credit balance
overstatement of depreciation expense and prior year pretax
paid in capital in excess of par com stock
accumulated depreciation office equipment
accumulated depreciation building
income tax payable
premium on bonds payable
accounts payable
bonds payable year bonds
treasury stock shares
retain earnings January st
loss due to write down of inventories
the company is subject to income taxes period provide answers to the following questions
gross profit for the year
total operating expenses for the year
income from operations operating income
income before taxes
income from continuing operations
net income