Guys, I think all of my numbers are wrong. Can you tell me how to do this problem? Please, I only have one attempt.

Problem 16-6 Ivanhoe Corporation is preparing the comparative financial statements for the annual report to its shareholders for fiscal years ended May 31, 2017, and May 31, 2018. The income from operations for the fiscal year ended May 31, 2017, was $1,878,000 and income from continuing operations for the fiscal year ended May 31, 2018, was $2,526,000. In both years, the company incurred a 11% interest expense on $2,426,000 of debt, an obligation that requires interest-only payments for 5 years. The company experienced a loss from discontinued operations of $620,000 on February 2018 The company uses a 40% effective tax rate for income taxes. The capital structure of Ivanhoe Corporation on June 1, 2016, consisted of 1,041,000 shares of common stock outstanding and 19,500 shares of $50 par value, 6%, cumulative preferred stock. There were no preferred dividends in arrears, and the company had not issued any convertible securities, options, or warrants On October 1, 2016, Ivanhoe sold an additional 487,000 shares of the common stock at $20 per share. Ivanhoe distributed a 20% stock dividend on the common shares outstanding on January 1, 2017. On December 1, 2017, Ivanhoe was able to sell an additional 791,000 shares of the common stock at $22 per share. These were the only common stock transactions that occurred during the two fiscal years Identify whether the capital structure at Ivanhoe Corporation is a simple or complex capital structure. Simple Capital Structure Determine the weighted-average number of shares that Ivanhoe Corporation would use in calculating earnings per share for the fiscal year ended: tee Weigh average number share (1) May 31, 2017 (2) May 31, 2018 Prepare, in good form, a comparative income statement, beginning with income from operations, for Ivanhoe Corporation for the fiscal years ended May 31, 2017, and May 31, 2018. This statement will be included in Ivanhoe's annual report and should display the appropriate earnings per share presentations. (Round earnings per share to 2 decimal places, e.g. $1.55)