. Please download the file below which contains the homework problem. Instructions - On a separate sheet of paper: Prepare a multiple-step income statement in good form Prepare a statement of comprehensive income (separate from income statement) in good form. Note round EPS figures to the nearest penny. Prepare a statement of stockholders' equity in good form Cut and paste the table below (which is included in the file above), fill in the answers, and include it with your solution . Chapter 4 HWB - SP21.docx NAME: CHAPTER 4 Spring 2021 Rasey Corporation's capital structure consists of 50,000 shares of common stock with a par value of $4. At December 31, 2021, an analysis of the accounts and discussions with company officials revealed the following information: Sales revenue Discontinued operations loss (Note: you must adjust for tax) Selling expenses Cash Accounts receivable Common stock Cost of goods sold Accumulated depreciation-machinery Dividend revenue Unearned service revenue Interest payable Land Patents Retained earnings, January 1, 2021 Accumulated Other Comprehensive Income, Jan. 1.2021 Unrealized holding loss from AFS debt securities, net of tax Interest expense Administrative expenses Dividends declared common shareholders Dividends declared preferred shareholders and paid) Allowance for doubtful accounts Notes payable (maturity 7/1/27) Machinery Supplies Accounts payable $1,250,000 90,000 128,000 60,000 90,000 200,000 700,000 180.000 18,000 4,400 1,000 370,000 100,000 270,000 20,000 5,000 17.000 170,000 14,000 10.000 5,000 200.000 450,000 40,000 60,000 Tax Rate is 30% o Dividends declared preferred shareholders (and pady Allowance for doubtful accounts Notes payable (maturity 7/1/27) Machinery Supplies Accounts payable 10,000 5,000 200,000 450,000 40,000 60,000 Tax Rate is 30% Instructions: Attach a separate sheet (a) Prepare a multiple-step income statement in good form (b) Prepare a statement of comprehensive income (separate from income statement) in good form. Note round EPS figures to the nearest penny. (c) Prepare a statement of stockholders' equity in good form After completion fill in the ending balances for each item in the "Balance" Column BALANCE Operating Income Inc. from Continuing Operations Net Income Earnings per share from continuing operations Earnings per share from discontinued operations Earnings per share from Net Income Comprehensive Net Income Ending Balance Retained Earnings Ending Accumulated Comprehensive Income Common Stock YOUMUST SUBMIT THE STATEMENTS IN GOOD FORM IN ORDER TO RECEIVE CREDIT