$ 115,000 150,000 5,500 $ 380,000 Selling Expenses Administrative Expenses Income From Discontinued Operations Cost of Goods Sold Treasury Stock-Common (5,000 shares) Net Sales Revenue 430,000 Common Stock, $10 Par Value, 38,000 shares authorized and issued Preferred Stock, $3 No-Par Value, 8,000 shares issued Income Tax Expense: Continuing Operations Income Tax Expense: Income from Discontinued Operations 480,000 70.000 55,000 873,150 2,200 Administrative Expenses Cost of Goods Sold Discontinued Operations (less applicable tax) Extraordinary Item Income Tax Expense Net Sales Revenue Selling Expenses Choose from any list or enter any number in the input fields and then cli Prepare a multi-step income statement for Arizona Motorsports for the fiscal year ended November 30, 2018. Include earnings per sh Year Ended November 30, 2018 Prepare a multi-step income statement for Arizona Motorsports for the fiscal year ended November 30, Net Income