Question 1 The following information is related to Riverbed Company for 2017 Retained earnings balance, January 1, 2017 Sales Revenu 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) Dividends declared on common stock Dividends declared on preferred stock $982,580 26,259,900 16,286,100 77,500 4,796,800 830,600 1,346,900 111,400 399,500 459,000 97,950 246,100 87,690 Riverbed Company decided to discontinue its entire wholesale operations (considered a discontinued operation) and to retain its manufacturing operations. On September 15, Riverbed sold the wholesale operations to Rogers Company. During 2017, there were 507,200 shares of common stock outstanding all year. (a1) Prepare a multiple-step income statement. (Round earnings per share to 2 decimal places, e.g. 1.49.) RIVERBED COMPANY Income Statement