Which component does not typically show up in the income statement?

The income statement is designed to report a company's revenues and expenses over a specific period, ultimately determining the net profit or loss. Investment income is often included in various financial reporting sections but is not an operational component directly related to core business activities reflected in the income statement.

In contrast, selling expenses, cost of goods sold, and depreciation expenses are all integral to calculating the company's profitability from its primary business operations. Selling expenses pertain to costs incurred to promote and sell products. Cost of goods sold directly relates to the costs of producing the goods sold during the period. Depreciation expense represents the allocation of the cost of tangible assets over their useful life, reflecting the operational expenses tied to the business assets used in generating revenue.

Thus, while investment income may appear in the overall financial statements, it is not a standard line item found in the typical income statement structure that focuses on operating performance.