Presented below are selected ledger accounts of Larkspur Corporation as of December 31, 2017. Cash $51,400 Administrative expenses 107,500 I Selling expenses 80,940 Net sales 557,500 Cost of goods sold 268,200 Cash dividends declared (2017) 24,650 Cash dividends paid (2017) 23,600 Discontinued operations (loss before income taxes) 40,700 Depreciation expense, not recorded in 2016 31,400 Retained earnings, December 31, 2016 91,420 Effective tax rate 30% Question 6 of 10 < 2 Prepare a partial income statement beginning with income from continuing operations before income tax, and including appropriate earnings per share information. Assume 19,220 shares of common stock were outstanding during 2017. (Round earnings per share to 2 decimal places, e.g. 1.58.) LARKSPUR CORPORATION Income Statement $ eTextbook and Media Save for Later +A A SA Attempts: 0 of 3 us