Bramble Company decided to discontinue its entire wholesale operations and to retain its manufacturing operations. On September 15, Bramble sold the wholesale operations to Rogers company. During 2020, there were 500000 shares of common stock outstanding all year. Make a multistep income statement and retained earnings statement.

S Kieso, Intermediate Accounting, 17e Assignment actice Gradebook ORION Downloadable eTextbook unment Problem 4-01 The following information is related to Bramble Company for 2020. Retained earnings balance, January 1, 2020 Sales Revenue Cost of goods sold Interest revenue Selling and administrative expenses Write-off of goodwill Income taxes for 2020 Gain on the sale of investments Loss due to flood damage Loss on the disposition of the wholesale division (net of tax) Loss on operations of the wholesale division (net of tax) Dividends declared on common stock Dividends declared on preferred stock $1,136,800 29,000,000 18,560,000 81,200 5,452,000 951,200 1,443,040 127,600 452,400 510,400 104,400 290,000 92,800 Bramble Company decided to discontinue its entire wholesale operations (conside Company. During 2020, there were 500,000 shares of common stock outstanding Prepare a multiple-step income statement. (Round earnings per share to 2 de BRAMBLE COMPANY Income Statement