Lantos Company had a 40 percent tax rate. Given the following pre-tax amounts, what would be the income tax expense reported on the face of the income statement?
Sales $ 100,000
Cost of goods sold 60,000
Salary expense 8,000
Depreciation expense 11,000
Dividend revenue 9,000
Utilities expense 1,000
Extraordinary loss 10,000
Interest expense 2,000