1. Prepare a multi-step (not a single step) corporate income statement in good form, including EPS, from the following general ledger balances and other records as of the year's end, June 30, 2020, for BERIFIT Co. During the year the Gym Division was sold and all operating data for the Gym Division have been segregated. All data are before income tax rate of 30%. 17 points ...... Administrative expenses Selling expenses Loss from operations of Gym Division Gain on sale of Gym... Cost of Goods Sold Interest expense Sales returns Dividend revenue Sales discounts Sales revenue Gain on sale of vacant land. Common stock, $15 par value $ 71,000 $ 87,000 70,000 500,000 319,000 23,000 15,000 19,000 7,000 589,000 10,000 300,000