Below are the account balances for Eccles Corporation as of its fiscal year ended April 30, 2018. Prepare a corporate income statement in good form, assuming 5,000 shares of common stock were outstanding during the year. Administrative Expenses $16,000 Cost of Goods Sold 80,000 Discontinued Operations: (1) Income from the Operations of Discontinued Segment (net of taxes, $5,000) 20,000 (2) Loss on Disposal of Segment (net of tax savings, $6,000) Income Taxes Applicable to Continuing Operations 14,000 8,000 Sales Selling Expenses 160,000 I 50,000