The following information is related to Oriole Company for 2020. Retained earnings balance, January 1, 2020 $1254,400 Sales Revenue 32.000.000 Cost of goods sold 20,480.000 Interest revenue 89,600 Selling and administrative expenses 6,016,000 Write-off of goodwill 1,049.600 Income taxes for 2020 1.592 320 Gain on the sale of investments 140.800 Loss due to flood damage 499.200 Loss on the disposition of the wholesale division net of tax 563.200 Loss on operations of the wholesale division (net of tax) 115.200 Dividends declared on common stock 320.000 102.400 Dividends declared on preferred stock Oriole Company decided to discontinue its entire Wholesale operations considered a discontinued operation and to retain its manufacturing operations. On September 15, Oriole sold the wholesale operations to Rogers Company. During 2030, there were 500,000 shares of common stock outstanding all year (1) Prepare a multiple step income statement. (Round carinys per Share to 2 decimal places 1.49 ORIOLE COMPANY Income Statement December 2000 - SAMSUNG ORIOLE COMPANY Income Statement December 2020 Sales Cost of Goods Sold 2010000 Gros Proto Selling and Adrien 16000 5000 income from Operations Other than in care Interest Revenue Gain on the sale of sweets 5 600 1000 5 Cost of Goodisola e Textbook and Media List of Accounts Attempts: 0 of SA Save for Later Lawed 29 seconds ago