lt, and (b) the two statement format. (Ignore s sold $500,000, operating expenses $80,000, and an unrealiz LInUhsive Income) C. Reither Co. reports the following informat of $60,000. It declared and paid a cash dividend of $10,000 in 2017 for 2017: sales revenue $700,000, ,000, and an unrealized holding loss on available-for-sale securities for 2017 b-rae C. Reither Co. has January 1, 2017, balances in common and retained earnings $90,000. It issued no st uary 1, 2017, balances in common stock $350,000: accumulated other comprehensive income $$0,000 ock during 2017 Instructions Prepare a statement of stockholders' equity E4-17 (03,4,6,7) (Various Reporting Formats) The following information Inc. for the year 2017: income tax applicable to income from discontinued operations $25,500, and unrealized holding gain on available-for-sale securities( was taken from the records of Roland Carlson tax applicabl to loss on continuing operations $187,000, income tax applicable to loss on Gain on sale of equipment Loss on discontinued operations Administrative expenses Rent revenue Loss on write-down of inventory ailable-for-sale securities (net of tax) $15,000. Cash dividends declared Cost of goods sold s 150,000 600,000 850,000 300,000 1,900,000 $ 95,000 5,000 Retained earnings January 1, 2017 240,000 0,000Selling expenses 0,000 Sales revenue Shares outstanding during 2017 were 100,000. Instructions (a) (b) (c) Prepare a single-step income statement. Prepare a comprehensive income statement for 2017, using the two statement format. Prepare a retained earnings statement for 2017. PROBLEMS P4-1 (L03,4,6) (Multiple-Step Statement, Retained Earnings Statement) The following information is related to Dickin P4-1 (03,4,6) (Multiple-Step Statement, Re son Company for 2017 $ 980,000 Retained earnings balance,January 1, 2017