Current Attempt in Progress The following balances were taken from the books of Sheffield Fabrication Limited on December 31, 2023: Interest income 386,000 Accumulated depreciationequipment $50,000 Cash 51,000 Accumulated depreciationbuildings 31,000 Sales revenue 1,370,000 Motes receivable 165,000 Accounts receivable 160,000 Selling expenses 195,000 Prepaid insurance 25,000 Accounts payable 170,000 Sales returns and allowances 156,000 Bonds payable 101.000 Allowance for doubtful accounts 8.000 Administrative expenses 97.000 Sales discounts 43000 Unearned revenue 28000 Land 000 Interest expense 42 500 Eguipment 200,000 Mot il 100,000 Buildings 160,000 Loss from storm damage 142,000 Cost of goods sold 428,000 Depreciation expense 42500 Assurne the total effective taxrate on all items is 30%. Prepare 2 multip pincame statement showing expenses by function. Assume that 100.000 comman shares were outstanding during the year. Sheffield rication follows ASPE but decides to disclose EPS on its income statement. (Round per share answer to decimal places, e.g. 52.74. List other revenues and gains before other expenses and losses.) Sheffield Fabrication Limited Income Statement Question 1 of 5 > -1 =