S17A-13 (similar to) Question He * FRT Corporation's accounting records include the tollowing nems, listed in no particular order, at December 31, 2016 (Click the icon to view the data ) The income tax rate for FRT Corporation 50% Prepare FRT's income statement for the year ended December 31.2016 Omit earnings per share Use he mun-step format Prepare the income statement through the income before taxes, then complete the income statement through the net income (Use parentheses or a minus sign to enter amounts for oner Experses or an Extraordinary Loss) r 31, 2016: 1% i Data Table Other Revenues and (Expenses) Net Sales Gain on Discontinued Operations 20 400 80,000 63,000 s (18,000) 278,800 42,000 Extraordinary Loss Cost of Goods Sold Operating Expenses PrintDone in the input fields and then click Check Answer Clear All 8