Prepare IN GOOD FORM for Polar Inc. for the fiscal year ended March 31, 2022 using the information in the table below: 1. a multiple-step income statement All amounts below are before taxes. The appropriate tax rate is 21%. . $1,000,000 Interest expense 60,000 Gain on sale of equipment $ 5,000 5,000 Sales revenue General and administrative expenses Research & development expense Interest revenue Loss on sale of investment Operating loss of Honduran division sold on February 1, 2022 Preferred dividends declared 25,000 Cost of goods sold 3,000 Selling expenses 1,000 Total Dividends Declared 25,000 Loss due to Hurricane Ida 645,000 90,000 30,000 20,000 5,000 Retained earnings, 4/1/21 20,000 Gain on sale of Honduran division sold February 1, 2022 250,000 Foreign currency translation, loss 7,500 Weighted average common shares outstanding 6,500 50,000 sh Discovered on April 15, 2022, that depreciation was not recorded in fiscal year 2020