13-3 ALL-INCLUSIVE INCOME STATEMENT (single step) Prepare a single-step income statement with appropriate intra-period tax allocations from the following information. All figures are BEFORE tax effect. Also disclose appropriate earnings per share information. Sales Cost of Goods Sold Selling Expenses Admin. Expenses Discontinued Operations Income small computer division Gain from sale of small computer division $2,000,000 1,000,000 300,000 160,000 150,000 300,000 Assume tax rate on all items of 40% There are 1000 shares of $100 par, 9% Preferred Stock. Furthermore, there are 400,000 shares of common stock outstanding until September 1, when another 150,000 shares are issued. Income Statement For Fiscal Year Ended December 31, 20X1 Earnings Per Share: