Prepare, in good form, the following:
a.	A multi-step income statement that includes relevant subtotals, with operating expenses listed by their nature, for the year ended December 31, 2019.
b.	A statement of changes in equity for the year ended December 31, 2019.

Pre-closing trial balance Debit S S 1,360,000 Credit 525,000 S 8,555,000 69,300 700,000 1,475,000 25,000 Accounts payable Accounts receivable Accumulated depreciation Cash Common shares Depreciation Income from DO Income tax expense Income tax on income from DO Interest expense Inventories Long-term debt Plant and equipment Raw materials used Retained earnings Salaries and wages Sales 154,200 7,500 355,000 845,000 5,400,000 12,300,000 1,670,000 817.000 5,210,000 9,224,000 23,245,000 S 23,246,000 S Total "DO - discontinued operations Axo Inc. Income Statement For the year ended December 31, 2019 $ Sales 9,224,000 Income before interest and taxes Income before income taxes Income from continuous operations Net income