Sheffield Inc. provided the following information for the year 2020.

Retained earnings, January 1, 2020		$	672,000
Administrative expenses			268,800
Selling expenses			336,000
Sales revenue			2,128,000
Cash dividends declared			89,600
Cost of goods sold			952,000
Loss on discontinued operations			123,200
Rent revenue			115,024
Unrealized holding gain on available-for-sale debt securities			19,040
Income tax applicable to continuing operations			209,440
Income tax benefit applicable to loss on discontinued operations			67,760
Income tax applicable to unrealized holding gain on available-for-sale debt securities			2,240

Prepare a single-step income statement for 2020. Shares outstanding during 2020 were 100,000.

SHEFFIELD, INC. Income Statement Prepare a retained earnings statement for 2020. Shares outstanding during 2020 were 100,000. (List items that increase retained earnings first.) SHEFFIELD, INC. Retained Earnings Statement e Textbook and Media Prepare a statement of comprehensive income using the two statement format. Shares outstanding during 2020 were 100,000. SHEFFIELD, INC. Statement of Comprehensive Income $