The consolidated income statement of Tut Company for 2016 is as follows (in thousands): TUT…

The consolidated income statement of Tut Company for 2016 is as follows (in thousands): TUT CONSOLIDATED INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2016 Sales …………………………………………………. $360 Interest income ……………………………………… 10 Income from equity investee … …………………….. 30 Total revenue ………………………………………… 400 Cost of sales ………………………………………….. $180 General expenses …………………………………….. 40 Selling expenses ……………………………………… 50 Interest expense ……………………………………… 10 Noncontrolling interest share ………………………… 15 Income taxes …………………………………………… 45 Total expenses ………………………………………….. 340 Income from continuing operations …………………………. $ 60 Discontinued operations loss (net of income taxes) ……… 10 Consolidated net income ………………………………….. $50 Tut s operations are conducted through three domestic operating segments with sales, expenses, and assets as follows (in thousands): The $10,000 interest income is not related to any industry segment. Consolidated total assets are $1,000,000. The chemical and food segments had intersegment sales of $35,000 and $25,000, respecti

"We Offer Paper Writing Services on all Disciplines, Make an Order Now and we will be Glad to Help"