Selling Expenses

$$110,000$

Common Stock, $$7$ Par Value,

Administrative Expenses

$145,000$

$2,000$ shares authorized and issued

$$14,000$

Income From Discontinued Operations

$250$

Preferred Stock, $$4$ No$-$Par Value,

Cost of Goods Sold

$410,000$

$1,000$ shares issued

$40,000$

Treasury Stock$$Common $(1,000$ shares$)$

$9,000$

Income Tax Expense: Continuing Operations

$65,000$

Net Sales Revenue$-$

$737,000$

Income Tax Expense: Income from

Discontinued Operations$-$

$100$

Complete the income statement in this$$ step, and then identify and enter the applicable EPS amounts in the following step.$$