Information for 2023 follows for Flounder Corp. Retained earnings, January 1, 2023 Sales revenue $1,940,000 37,100,000 Cost of goods sold 28,968,000 Interest income 187,000 Selling and administrative expenses 4,670,000 Unrealized gain on FV-OCI equity investments (gains/losses not recycled) 266,000 Loss on impairment of goodwill 491,000 Income tax on continuing operations for 2023 (assume this is correct) 667,800 Assessment for additional income tax for 2021 (normal, recurring, and not caused by an error) 414,000 Gain on disposal of FV-NI investments 107,000 Loss from flood damage 417,000 Loss on disposal of discontinued division (net of tax of $65,250) 261,000 Loss from operation of discontinued division (net of tax of $44,000) 176,000 Dividends declared on common shares 207,000 Dividends declared on preferred shares 64,200