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ment CALCULATOR MESSAGE HY INSTRUCTOR FULL SCREEN PR Problem 4-1 (Part Level Submission) The following information is related to Splish Brothers Company for 2017 Retained

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ment CALCULATOR MESSAGE HY INSTRUCTOR FULL SCREEN PR Problem 4-1 (Part Level Submission) The following information is related to Splish Brothers Company for 2017 Retained earnings balance, January 1, 2017 $994,000 Sales Revenue 26,200,000 Cost of goods sold 16,110,000 Interest revenue 73,200 Selling and administrative expenses 4,739,000 Write-off of goodwill 824,000 Income taxes for 2017 1,384,000 Gain on the sale of investments 114,500 Loss due to food damage 395,800 Loss on the disposition of the wholesale division (net of tax) 456,500 Loss on operations of the wholesale division (net of tax) 95,200 Dividends declared on common stock 260,500 Dividends declared on preferred stock 84,300 Splish Brothers Company decided to discontinue its entire wholesale operations (considered a discontinued operation) and to retain its manufacturing operations. On September 15, Splish Brot operations to Rogers Company. During 2017, there were 492,100 shares of common stock outstanding all year. (1) Your answer is partially correct. Try again. Prepare a multiple-step income statement. (Round earnings per Share to 2 decimal places, e.g. 1.49.) SPLISH BROTHERS COMPANY

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