3. The following data relate to the operations of Delicious, Inc., during 2015, $37,400,000 21,500,000 205,000 Continuing operations: Net sales Costs and expenses (including applicable income tax) Other data: Operating income during 2015 on segment of the business Discontinued near year-end Loss on disposal of discontinued segment (net of income tax benefit Extraordinary loss (net of income tax benefit) Prior period adjustment increase in 2014 amortization expense, net of income tax benefit Cash dividend declared 510,000 930,000 310,000 2,000,000 a) Prepare a condensed income statement for 2015 (13 points) Condensed Income Statement Net ncome bi prepare a statement of rene ned earnings for the year ended December 31, 2015. As originally reported, retained ears nes at December 31, 2014 mounted to $10.700.000 12 cits Statement of Retained Earnings