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The following information is available for Larkspur Inc. for the year ended December 31, 2017: Loss on discontinued operations Rent revenue Income tax applicable to
The following information is available for Larkspur Inc. for the year ended December 31, 2017: Loss on discontinued operations Rent revenue Income tax applicable to continuing operations Administrative expenses Loss on write-down of inventory Gain on sale of equipment Unrealized gain on available-for-sale securities $73,000 86,000 295,000 510,000 38,000 33,000 34,000 Retained earnings January 1, 2017 Selling expenses Income tax applicable to loss on discontinued operations Cost of goods sold Sales revenue Cash dividends declared $1,240,000 873,000 24,000 1,646,000 3,780,000 217,000 60,000 Interest expense 200,000 shares were outstanding during all of 2017. Larkspur Inc. Income Statement $ $ 100 Per share of common stock: 0 c si Prepare a comprehensive income statement for 2017. LARKSPUR INC. Comprehensive Income Statement $ SHOW LIST OF ACCOUNTS Prepare a retained earnings statement for 2017. (List items that increase retained earnings first.) LARKSPUR INC. Retained Earnings Statement $
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