Helppp

INTERMEDIATE ACCOUNTING CACC 301-302-305) Exercise 4-17 (Part Level Submission) The following information was taken from the records of Indigo Inc. for the year 2017: Income tax applicable to applicable to loss income from conenuing operations $177,656, Incometa 28,856, and a unrealized holding gain on availablie-for-sale securibies (net of tax) 822,100. Part Level Gain on sale of equipment $99,000 Cash dividends decianed Loss on discontinued operations Administrative expenses 84,900 Retained eanings January 1, 2017 44,000 Cost off goods soid 49,300Seling xpenses 66,200 Sales Revenue 34,900 292,100 1247,000 Lous on wrbe-down of inventory Shares outstanding during 2017 were 93,s00. Y (a) Prepare a mutiple-step income statement.(Roand earnings per share to 2 decimal places, eg. 1.48)