Below is a list of accounts and their balances. Create a multi step income statement induding Earnings per Share and then answer the multiple choice questions that go with the income statement. Tax rate is 30% Outstanding shares is 1,000. Note: Not all accounts below will be used. You also must calculate income tax expense for both continuing operations and discontinued operations, Accounts Payable $4,000 Depreciation Expense $13,000 Notes Payable $15,000 Accounts Receivable $9,000 Gain from Sale of Discontinued $500 Prepaid Insurance $2,500 Operation Accrued ST Liabilities $500 Gain from Sale of Equipment $2,500 Restructuring Costs $20,000 Accumulated Depreciation $1,500 Goodwill $4,000 Retained Earnings $34,000 Administrative Expenses $700 Insurance Expense $1,800 Salaries and Wages $3,500 Payable Allowance for Doubtful $800 Interest Expense $300 Sales $295,000 Accounts Building $25,000 Interest Payable $100 Supplies $700 Cash $23,000 Interest Revenue $600 Supplies Expense $1,600 Copyright $11,000 Inventory $9,500 Treasury Stock $2,200 Cost of Goods Sold $ 197,500 Loss from Discontinued $3,000 Unearned Revenue $3,000 Operations Below is a list of accounts and their balances. Create a multi step income statement induding Earnings per Share and then answer the multiple choice questions that go with the income statement. Tax rate is 30% Outstanding shares is 1,000. Note: Not all accounts below will be used. You also must calculate income tax expense for both continuing operations and discontinued operations, Accounts Payable $4,000 Depreciation Expense $13,000 Notes Payable $15,000 Accounts Receivable $9,000 Gain from Sale of Discontinued $500 Prepaid Insurance $2,500 Operation Accrued ST Liabilities $500 Gain from Sale of Equipment $2,500 Restructuring Costs $20,000 Accumulated Depreciation $1,500 Goodwill $4,000 Retained Earnings $34,000 Administrative Expenses $700 Insurance Expense $1,800 Salaries and Wages $3,500 Payable Allowance for Doubtful $800 Interest Expense $300 Sales $295,000 Accounts Building $25,000 Interest Payable $100 Supplies $700 Cash $23,000 Interest Revenue $600 Supplies Expense $1,600 Copyright $11,000 Inventory $9,500 Treasury Stock $2,200 Cost of Goods Sold $ 197,500 Loss from Discontinued $3,000 Unearned Revenue $3,000 Operations