Lassie Corporation operates in the Texas Panhandle and had the following income statement items for the year ended December 31, 2020: Administrative expenses Cost of goods sold Interest income $ 1,100,000 10,500,000 Net sales Restructuring costs Selling expenses $18,000,000 800,000 1,400,000 200,000 The following additional information is available. 1. During the year, the company disposed of its pet food manufacturing division and incurred a pre-tax loss from operations of $1.6 million. There was a gain on disposal of the division's assets of $2 million before tax. 2. One of Lassie's subsidiaries, Pepe LaPeu, is located in France, where the company breeds French Poodles (what else?). For 2020 they incurred a loss on foreign currency translation of $750,000 before tax. 3. In July of 2020, a nearby fireworks stand exploded causing a grassfire which burned down Lassie's Dog Training facilities. Lassie received an insurance settlement that netted a pretax gain of $3 million. (How can they have a gain from a fire loss?!?!?) 4. Lassie operates a chain of retail pet stores. In September of 2020 the employees in the southwest region went on strike to obtain an increase in their profit-sharing percentage. Lassie experienced a loss of $350,000 as a result of the strike. 5. Lassie maintains its pet food inventory on a LIFO basis. During 2020 their auditors discovered that a material error in calculating inventory was made in FYE (fiscal year end) 2020. The after-tax effect of that mistake would have decreased income by $300,000. 6. 500,000 shares of common stock were outstanding throughout 2020. Retained Earnings at the beginning of the year was $12,345,678 (I thought that was a neat number). During 2020 Lassie paid dividends of $2.00 per common share. 7. Income tax expense has not yet been accrued. The income tax rate is 30% on all items of income (loss). Required: 1. Prepare a multiple step income statement for 2020, including Earnings per share (EPS) disclosures for Lassie. 2. Prepare a separate Statement of Comprehensive Income for 2020. 3. Prepare a Statement of Retained Earnings for 2120. Your work should look professional as if you were presenting these financial statements to a client. For example, (1) no abbreviations, (2) use dollar signs, underlines and double underlines appropriately, (3) use commas for amounts greater than $999, (4) use appropriate headings and (5) round all amounts to dollars (do not show cents)