Current Attempt in Progress The following information is taken from the accounting records of Carla Vista Corporation, a Canadian public company, for the year ended December 31, 2020. Accounts receivable $ 94,000 Retained earnings, January 1, 2020 268,000 Loss on operation of discontinued operations (before tax) 101,000 Sales revenue 1,171,500 Cost of goods sold 727,000 Selling expenses 130,000 Cash 63,000 Common shares ( 20,000 common shares outstanding) 200,000 Dividend revenue 17,800 Inventory 124,000 Unearned revenue 4,300 Land 370,000 Interest expense 17,500 Administrative expenses 156,000 Notes payable (maturity 2026) 200,000 Accounts payable 62,000 Gain on disposal of discontinued operations (before tax) 146,000 Depreciation expense 53,000 Loss on disposal of equipment (before tax) 12,000 Carla Vista Corporation is subject to a 25% income tax rate. Prepare a multiple-step income statement in good form for Carla Vista Corporation (earnings per share information is not required)