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Retained earnings balance, January 1,2025 Sales revenue Cost of goods sold interest revenue Selling and administrative expenses Write-off of goodwill Income taxes for 2025 Gain

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Retained earnings balance, January 1,2025 Sales revenue Cost of goods sold interest revenue Selling and administrative expenses Write-off of goodwill Income taxes for 2025 Gain on the sate 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 dechared on commonstock. Dividends declared on preferred stock $1,293,600 33,000,000 21,120,000 92,400 6,204,000 1,082,400 1,642,080 145,200 514,800 580,800 118,800 330,000 105,600 Prepare a multiple-step income statement. (Round earnings per share to 2 dedimal places, eg. 1.49. List other revenues and galins before other Expenses and losses.) Prepare a retained earnings statement. (List items that Increase retoined earnings first)

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