pls fill out the box correctly pls and ty a combined statement of income and retained earnings for Blue Spruce Ltd$.$ for the year ended December $31,2023,$ follows. $($As a private company, Blue Spruce has elected to follow ASPE.$)$ Also presented are three unrelated situations involving accounting changes and the classification of certain items as ordinary or unusual. Each situation is based on the combined statement of income and retained earnings of Blue Spruce Blue Spruce Ltd$.$ Combined Statement of Income and Retained Earnings For the Year Ended December $31,2023$ Sales revenue $ $5,600,000$ Cost of goods sold $2,930,000$ Gross profit $2,670,000$ Selling, general, and administrative expenses $1,710,000$ Income before income tax $960\mathrm{.}000$ Income tax expense $288\mathrm{.}000$ Income before unusual item $672,000$ Loss from tornado $($net of taxes$)403,200$ Net Income $268,800873,600$ Retained earnings, January $1$ $ $1,142,400$ Retained earnings. December $31$ For each of the three unrelated situations, prepare a revised combined statement of income and retained earnings for Blue Spruce. The company has a $30\%$ Income tax rate. $($a$)$ Situation $1.$ In late $2023,$ the company discontinued its apparel fabric division. The loss on the disposal of this discontinued division amounted to $$620,000.$ This amount was included as part of selling, general, and administrative expenses. Before its disposal, the division reported the following for $2023$: sales revenue of $$1\mathrm{.}33$ million cost of goods sold of $$665,000,$ and selling general, and administrative expenses of $$518,700$