Problem 4-1 The following information is related to Sandhill Company for 2017. $997, Retained earnings balance, January 1, 2017 Sales Revenue Cost of goods sold Interest revenue Selling and administrative expenses Write-off of goodwill Income taxes for 2017 Gain on the sale of investments Loss due to flood damage Loss on the disposition of the wholesale division (net of tax) Loss on operations of the wholesale division (net of tax) 26,104,600 16,185,500 78,500 4,733,500 825,900 1,405,900 116,600 397,200 100 84,660 263,100 Dividends declared on common stock Dividends declared on preferred stock 77,650 Sandhill Company decided to discontinue its entire wholesale operations (considered a discontinue September 15, Sandhill sold the wholesale operations to Rogers Company During 2017, there wer Prepare a multiple-step income statement. (Round earnings per share to 2 decimal places, e.s SANDHILL COMPANY MacBook Pro