Learning Objective 5 P13-43A Preparing an income statement The following information was taken from the records of Chua Motorsports, Inc. at November 30, 2018: Net Income $65,500 110,000 Common Stock, $12 Par Value, Selling Expenses Administrative Expenses Income from Discontinued Operations Cost of Goods Sold Treasury Stock-Common (5,000 shares) Net Sales Revenue 115,000 10,000 shares authorized and issued 120,000 2o Preferred Stock, $7 No-Par Value, 2,500 7,000 shares issued 490,000 20,000 1,000 510,000 Income Tax Expense: Continuing 75,000 Operations 819,000 Income Tax Expense: Income from Discontinued Operations Prepare a multi-step income statement for Chua Motorsports for the fiscal year ended November 30, 2018. Include earnings per share