Sesame Corp Sesame Uses the Perpetual System, and Their Income Tax Rate

Multiple Choice

Sesame Corp.'s adjusted trial balance at December 31, 2020 included the following:
$\begin{array}{llcc} & \text { }& \text { } \\ \text { Sales..................................................................... } &&\$170,000\\ \text { Cost of goods sold.................................................. } &\$70,000&\\ \text { Administrative expenses........................................... } &28,000&\\ \text {Loss on sale of equipment........................................ } &11,000\\ \text {Sales commissions.................................................... } &9,000\\ \text {Interest revenue....................................................... } &&6,000\\ \text {Loss of warehouse due to flood.................................. } &15,000&\\ \text {Loss from operation of discontinued division.............. } &24,000&\\ \text {Bad debt expense....................................................... } &\underline{5,000}&\underline{\quad}\\ \text { Totals....................................................................... } &\underline{\underline{\$162,000}}&\underline{\underline{\$176,000}}\\\end{array}$

Sesame uses the perpetual system, and their income tax rate is 30%. On Sesame’s multiple-step income statement for 2020, income from discontinued operations is

A) $10,500.
B) $16,800.
C) $24,000.
D) $24,500.