Presented below is selected information for the Costume Company for the year ended December 31, 2019. Costume Corporation is a manufacturer and merchandiser of Halloween costumes and decorations. The Company recently decided to discontinue the entire retail division and to only retain the manufacturing and wholesale operations. The retail division is considered a separate component under Generally Accepted Accounting Principles. Prepare in proper form a Multi-step Income Statement for the year ended December 31, 2019. You can either prepare in the gray shaded area below or in the separate sheet labeled "Income Statement Answer". Add or Delete lines you feel necessary but answer in gray shaded area. You do NOT need to complete the Statement of Comprehensive Income. Credit Debit 150,000 12,000 10,000 430,000 18,000 10,000 4,000,000 40,000 Selected Accounting Data below: Account Name Sales Returns Correction of 2018 error Dividend Income Selling Expenses Interest Expense Loss on disposition of manufacturing equipment Sales Revenue Gain on disposition of retail division assets Loss on operations of retail division Administrative Expenses Restructuring Charges Interest Income Loss from Fire Damage Cost of Goods Sold Gain on Sale of Investments Sales Discounts Unrealized Holding Losses on Marketable Securities Unrealized Gain on Foreign Currency Translation Preferred Stock Dividends Paid 100,000 255,000 200,000 16,000 44,000 2,200,000 22,000 20,000 40,000 20,000 20,000 Other Information: Tax Rate 40% 100,000 Weighted Average Common Stock Shares Outstanding Based on information above - Enter solution below or on Income Statement Answer Sheet - your choice