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Presented below is information related to XYZ Corporation at 12/31/2017: Sales Revenue 900,000 15,000 30,000 25,000- 12,000 18,000 / Gain on sale of plant assets

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Presented below is information related to XYZ Corporation at 12/31/2017: Sales Revenue 900,000 15,000 30,000 25,000- 12,000 18,000 / Gain on sale of plant assets Unrealized gain on available-for-sale securities Unrealized gain in value of the corporation's office buikding Interest Expense Rent Revenue JSelling Expenses -55,000 Loss on discontinued operations Write-off of goodwill Administrative Expenses Cost of goods sold Depreciation expense overstted by accident in 2016 Prefered dividends declared f which $5,000 will be paid in 0 1.201 8) Common dividends declared of which $12,500 will be paid in 01/2018) 50,000 Retained earnings as Weighted Average Preferred Stock shares outstanding Weighted Average Common Stock shares outstanding Tax rate 20% 40,000 25,000 45,000 500,000 10,000 20,000 part o 980,000 100,000 50,000 Instructions Prepare the following financial statements for the period ending 12/31/2017: 1. Multiple step income statement 2. Comprehensive Income Statement 3. Statement of Retained Earnings

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