Question 5 of 8 -/12 1 Question List Concord Corporation had sales revenue of $5,870,000 and investment revenue of $228,000 for the year ended December 31, 2023 Other items pertaining to 2023 were as follows: Question 1 Accounting Orden Cost of goods sold Salaries and wages expense (sales) Advertising expense Entertainment expense $4,635,000 367,000 128,000 75.000 $70,000 Question 2 Accutong Down Question 3 Selling expenses Question 4 Salaries and wages expense (administrativel 308,000 Viewing Question 5 Rent expense 109,000 Ang Mu Uwe Utilities expense 42.000 Question 6 Administrative expenses 459,000 Increase in value of company reputation 72,000 1235 Question 7 We Unrealized gain on value of patents 37,000 Interest expense 152,000 Question Accounting dropdow Income tax expense 81.000 Concord has 100,000 common shares outstanding throughout the year Question 5 of 8 -/12 E $ Question List Prepare a multiple-step income statement for Concord Corporation, showing expenses by function. Include calculation of EPS (Round per share answer to 2 decimal places, eg. 52.75) Sales Revenue Investment Revenue Gross Pront/Los Operating Expenses Concord Corporation Income Statement For the Year Ended December 31, 2023 Question 1 Question 2 Altunting Down Question 3 Ang Mu 5870000 228000 Question 4 4098000 Viewing Question 5 Question 6 Ang pin Question 7 Ang Down Question &