Ignoring income tax effects, use the info to prepare a multiple step income statement that includes the following:

a. Gross Profit, b.Income from continuing operations, c. income on discontinued operations, d. net income, e.Comprehensive income, f.exclusive to income statement, compute retained earnings

Info:

Sale Rev. $310,000, COGS 140,000, Selling and admin expenses 50,000, Gain on sale of plant 30,000, Unrealized gain on securities available for sale 10,000, Interest expense 6,000, Income from discontinued segment 12,000, Loss on disposal of discontinued segment 5,000 and dividends declared and paid 5,000.