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need help on thr last part please The following information was taken from the records of Munez Motorsports, Inc. at November 30, 2018 EF! (Click

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need help on thr last part please
The following information was taken from the records of Munez Motorsports, Inc. at November 30, 2018 EF! (Click the icon to view the data.) Prepare a multi-step income statement for Munez Motorsports for the fiscal year ended November 30, 2018. Include earnings per share. Munez Motorsports, Inc. Income Statement Year Ended November 30, 2018 Net Sales Revenue $ 799,800 460,000 Cost of Goods Sold Gross Profit 339,800 $ 130,000 125,000 255,000 Operating Expenses: Selling Expenses Administrative Expenses Operating Income/Income Before Taxes Income Tax Expense Income From Continuing Operations Discontinued Operations (less applicable tax) 84,800 70,000 14,800 240 Net Income $ 15,040 Earnings per Share of Common Stock (1,000 shares outstanding) Income From Continuing Operations 12,000 3,200 Income From Discontinued Operations Net Income 3.2 Selling Expenses $ 130,000 125,000 $ 40,500 400 Administrative Expenses Income From Discontinued Operations Cost of Goods Sold Treasury Stock--Common (3,500 shares) Common Stock, $9 Par Value, 4,500 shares authorized and issued Preferred Stock, $3 No-Par Value, 4,000 shares issued Income Tax Expense: Continuing Operations Income Tax Expense: Income from 460,000 280,000 35,000 70,000 Net Sales Revenue 799,800

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