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please help Part 1 -Multiple-Step Income Statement-25 points Hendrick, Inc. has the following data for the year ended December 31, 2018 Net sales.. 900$270,000 165,000

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Part 1 -Multiple-Step Income Statement-25 points Hendrick, Inc. has the following data for the year ended December 31, 2018 Net sales.. 900$270,000 165,000 3,000 5,000 op%" Administrative expenses 35,000 .00 er Discontinued operations loss Cost of goods sol.d. Interest expense.. ap Selling expenses. Shares of common stock outstanding, 10,000 Instructions: Prepare a multiple-step income statement for Hendrick, Inc. for the year ended December 31, 2018. The loss on discontinued operations includes a gain on sale of the discontinued segment of$40,000. The company has a tax rate of 30% on all items

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