prepare a multi step income statment as well as a retained earnings statment

Current Attempt in Progress The following information is retuted to Concord Company for 2025 . Concord Company decided to discontinue its entire wholesale operations (comidered a discontinued operation) and to retain iss manufacturing oocrations On September 15, Concerd sold the wholecale operations to Regers Company. Durirg 2025, there were 500,000 stures of common stock ovtstanding all year. Prepare a retained earnings statement. (Lbt items that increuse retained eamings first.)