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how to solve this? thank you Question 1 of 3 > Presented below is information related to Novak AG for 2022. 1,352.400 34,500,000 22,080,000 96,600
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Question 1 of 3 > Presented below is information related to Novak AG for 2022. 1,352.400 34,500,000 22,080,000 96,600 Retained earnings balance, January 1, 2022 Sales revenue Cost of goods sold Interest expense Selling and administrative expenses Write-off of goodwill Income taxes for 2022 Gain on the sale of investments Loss due to flood damage 6,486,000 1,131,600 1,716,720 151,800 538.200 Loss on the disposition of the wholesale division (net of tax) 607.200 G DELL Question 1 of 3 > -/5 Loss on operations of the wholesale division (net of tax) 124.200 Dividends declared on ordinary shares 345.000 Dividends declared on preference shares 110,400 Novak decided to discontinue its entire wholesale operations and to retain its manufacturing operations. On September 15, Novak sold the wholesale operations to Rogers Company. During 2022, there were 500.000 ordinary shares outstanding all year, (a 1) Prepare an income statement. (Round earnings per share to 2 decimal places, c.8. 1.49) NOVAK AG Income Statement For the Year Ended December 31 2022 thank you
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