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PLUS Help System And Na varro pter 6 Problem 4-1 (at level Submission) The following information is related to Skyeong Company for 2017, Retained earnings
PLUS Help System And Na varro pter 6 Problem 4-1 (at level Submission) The following information is related to Skyeong Company for 2017, Retained earnings balance, January 1, 2017 $958,590 Sales Revenue 26.102.600 Cost of gooch sold 16,294,600 Interest revenue 79,900 4,770,200 Selling and administrative expenses Write-off of goodwil 822,300 Income taxes for 2017 1,270,500 Gain on the sale of investments 120, 100 Loss due to foed damage 392,700 Loss on the disposition of the wholesale division (net of tax) 448,400 Loss on operations of the wholesale division (net of tax) 86,500 Dividends dedand or common stock 239,900 Dividends dedared on preferred stock 72,650 Skosong Company decided to discontinue its entire wholesale operations (considered a discontinued operation) and to retain its manufacturing operations. On September 15, Skysong sold the wholesale operations to Rogers Comp During 2017, there were 329.100 shares of common stock outstanding all year. (1) Your answer is partially correct. Try again Prepare a multiple-step income statement. (Round earnings per share to 2 decimal places, e.g. 1.49.) SKYSONG COMPANY Income Statement For the Year Ended December 31, 2017 Sales Revenue 26102600 Cost of Goods Sold 16294600 Gross Profit/ (Loss) 9808000 Selling and Administrative Expenses 4770300 Income from Operations 5037700 CALCULATOR PRINTER VERSION DE 79900 Interest Revenue | Gain on the sale of Investments 120100 1 200000 Other Expenses and Losses Write-off of Goodwill 822300 | Loss from Flood Damage 392700 1215000 Income from Continuing Operations Before Income Tax Income from Continuing Operations Discontinued Operation 1 Loss on Operations, Net of Tax 36500 Los on Disposal. Net of Tax 448500 535000 Net Income (Loss) Earnings Per Share Income from Continuing Operations Discontinued Operations Los on Operation. Net of Tax Discontinued Operations Loss on Operations, Net of Tax Loss on Disposal, Net of Tax Net Income (Loss) SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO TEXT (a2) The parts of this question must be completed in order. This part will be available when you complete the part above
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