The Following Are Some Accounts for Marvell Corp All Amounts Are Before Income Taxes

question 65

Essay

The following are some accounts for Marvell Corp. for 2017:
$\begin{array}{lr}\text { Sales revenue } & \$ 102,000 \\\text { Cost of goods sold } & 85,000 \\\text { Administrative expense } & 34,000 \\\text { Interest expense } & 3,000 \\\text { Loss from disposal of segment } & 21,000 \\\text { Gain from sale of land } & 4,000 \\\text { Stock dividends declared } & 9,000 \\\text { Loss due to permanent value decline of plant asset } & 6,000 \\\text { Unrealized gain from trading securities } & 5,000 \\\text { Interest revenue } & 1,000\end{array}$
All amounts are before income taxes. Marvell has a 30% tax rate. Determine the amount of Marvell' 'other revenue' and 'other expenses' for 2017. List all non-income statement items and indicate on which financial statement they are reported.

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