1-Prepare a multiple income statement.

The following information is related to Windsor Company for 2017. Retained earnings balance, January 1, 2017 $995,130 Sales Revenue 26,100,200 Cost of goods sold 16,276,800 Interest revenue 73,300 Selling and administrative expenses 4,726,100 Write-off of goodwill 833,300 Income taxes for 2017 1,314,600 Gain on the sale of investments 116,100 Loss due to flood damage 397,200 Loss on the disposition of the wholesale division (net of tax) 452,000 Loss on operations of the wholesale division (net of tax) 94,910 Dividends declared on common stock 230,000 Dividends declared on preferred stock 78,150 Windsor Company decided to discontinue its entire wholesale operations (considered a discontinued operation) and to retain its manufacturing operations. On September 15, Windsor sold the wholesale operations to Rogers Company. During 2017, there were 511,000 shares of common stock outstanding all year.

2-prepare a trial balance

Purchase Discounts $11,830 Cash $191,530 Accounts Receivable 106,830 Rent Revenue 19,830 Retained Earnings 161,830 Salaries and Wages Payable 19,830 Sales Revenue 1,101,830 Notes Receivable 111,830 Accounts Payable 50,830 Accumulated DepreciationEquipment 28,366 Sales Discounts 16,330 Sales Returns and Allowances 19,330 Notes Payable 71,830 Selling Expenses 233,830 Administrative Expenses 100,830 Common Stock 301,830 Income Tax Expense 55,730 Cash Dividends 46,830 Allowance for Doubtful Accounts 6,830 Supplies 15,830 Freight-in 21,830 Land 71,830 Equipment 141,830 Bonds Payable 110,248 Gain on Sale of Land 31,830 Accumulated DepreciationBuildings 19,966 Inventory 90,830 Buildings 99,830 Purchases 611,830 Totals $1,936,880 $1,936,880 A physical count of inventory on December 31 resulted in an inventory amount of $65,830; thus, cost of goods sold for 2017 is $646,830.