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

Question 66

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The following are some accounts for Marvell Corp. for 2017:
 Sales revenue $102,000 Cost of goods sold 85,000 Administrative expense 34,000 Interest expense 3,000 Loss from disposal of segment 21,000 Gain from sale of land 4,000 Stock dividends declared 9,000 Loss due to permanent value decline of plant asset 6,000 Unrealized gain from trading securities 5,000 Interest revenue 1,000\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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Other revenue = $4,000 + $5,000 + $1,000...

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