Question 6 Multiple Choice 10 of 10 points All of the following information about each operating segment must be reported except Selected Answer: cost of goods sold. Question 7 Multiple Choice 10 of 10 points An inventory loss from market decline of $1,600,000 occurred in May 2008, after its March 31, 2008 quarterly report was issued. None of this loss was recovered by the end of the year. How should this loss be reflected in the company”s quarterly income statements?