gnment me: 06:49 PM / Remaining: 88 min. CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Exercise 4-17 The following information was taken from the records of Pina Inc. for the year 2017: Income tax applicable to income from continuing operations $219, 198; income tax applicable to loss on discontinued operations $27,812, and unrealized holding gain on available-for-sale securities (net of tax) $21,700. Gain on sale of equipment $97,300 Cash dividends declared $151,300 Loss on discontinued operations 81,800 Retained earnings January 1, 2017 594,000 Administrative expenses 247,300 Cost of goods sold 843,300 Rent revenue 48,800 Selling expenses 304,200 Loss on write-down of inventory 69,500 Sales Revenue 1,962,900 Shares outstanding during 2017 were 97,500 Prepare a multiple-step income statement. (Round earnings per share to 2 decimal places, e.g. 1.48.) PINA INC. Income Statement