The following information is available for Sage Hill Inc. for the year ended December 31, 2017:

Loss on discontinued operations		$68,000		Retained earnings January 1, 2017		$1,420,000
Rent revenue		95,000		Selling expenses		867,000
Income tax applicable to continuing operations		314,000		Income tax applicable to loss on discontinued operations		24,000
Administrative expenses		509,000		Cost of goods sold		1,672,000
Loss on write-down of inventory		38,000		Sales revenue		3,760,000
Gain on sale of equipment		39,000		Cash dividends declared		211,000
Unrealized gain on available-for-sale securities		33,000		Interest expense		57,000

200,000 shares were outstanding during all of 2017.

Prepare a multiple-step income statement during all of 2017. Get it right and I'll upvote as always mmm.