Part 1: Presented below is information for Dolle Inc.at December 31, 202X, the end of its first year of operations: Sales revenue Cost of Goods Sold Selling & administrative expenses Gain on sale of plant assets Unrealized gain on securities available-for-sale $510,000 240,000 25,000 10,000 5,000 3,000 12,000 Book value of discontinued segment 80,000 Sale of discontinued segment 65,000 Dividends declared and paid 5,000 Ignoring income tax effects, use the information above to prepare a multiple-step income statement that includes the following sections (label each figure & use the corresponding letter below): Interest expense Income from operations of discontinued segment a. Gross profit b. Income (loss) from continuing operations c. Income (loss) on discontinued operations d. Net Income (loss) Comprehensive income e. f. Exclusive of the income statement, compute the Retained Earnings balance at December 31, 202X

Part 1: Presented below is information for Dolle Inc.at December 31,202X, the end of its first year of operations: Ignoring income tax enfects, use the Intormation above to prepare a mumpie-step income statement that includes the following sections (label each figure \& use the corresponding letter below): a. Gross profit b. Income (loss) from continuing operations c. Income (loss) on discontinued operations d. Net Income (loss) e. Comprehensive income 1. Exclusive of the income statement, compute the Retained Earnings balance at December 31,202X