4. Roland Carlson: disc ops The following data is from the records of Roland Carlson Inc. for the year ended December 31, 2021. Cost of goods sold Sales revenue Sales discounts $ 850,000 1,900,000 30,000 General and administrative expenses 240,000 Gain on sale of available-for-sale securities 95,000 Gain on sale of discontinued operations 75,000 Income taxes attributed to discontinued operations 25,000 Loss on sale of building 40,000 Loss on write-down of inventory to NRV 6,000 Unrealized loss on trading securities 47,000 187,000 Income tax expense Dividends declared (common stock) 90,000 Dividends declared (preferred stock) Common stock outstanding The company disposed of the discontinued operations component during the year, and the disposal ripresented a deliberate strategic shift which had a material effect on the company's operations. Instructions: Prepare a multiple-step Income statement. Round earnings per share to 2 decimal places. 40,000 1,600,000 shares