The following information is taken from the accounting records of Blossom Corporation, a Canadian public company, for the year ended December 31, 2020 Accounts receivable Retained earnings, January 1, 2020 Loss on operation of discontinued operations (before tax) Sales revenue Cost of goods sold Selling expenses Cash Common shares (22,000 common shares outstanding Dividend revenue Inventory Unearned revenue Land Interest expense Aderinistrative expenses Notes payable naturity 20261 Accounts payable Gainon disposal of discontinued operations (before and Depreciation expense Loss on disposal of equipment (before tax) $88,000 268,500 101,500 1,113,500 722,500 126,000 61,500 220,000 18,100 120,000 4,000 350,000 18,000 164.000 190,000 51,000 163.000 49,000 15.000 Blossom Corporation is subject to a 25% income tax rate. Prepare a multiple-step income statement in good form for Blossom Corporation (earnings per share information is not required). Blossom Corporation Income Statement !!! A S