1. Ivanhoe Corporation had operating income of $6,512,600. In addition, it suffered an unusual and rare pre-tax loss of $776,800 from a volcano eruption, interest income of $18,360, and building write-off of $54,710. The corporation tax rate is 30%. The corporation had 4,928,300 common shares outstanding during 2017.
2. 
   
3. Prepare a partial income statement for Ivanhoe starting with Income from operations. 
4. 
   
5.