The following information is taken from the accounting records of Ivanhoe Corporation, a Canadian public company, for the year ended December 31, 2020, $ 90,000 267,500 101,500 Accounts receivable Retained earnings, January 1, 2020 Loss on operation of discontinued operations (before tax) Sales revenue Cost of goods sold Selling expenses 1,299,500 722,500 128,000 Cash 65,500 Common shares ( 18,000 common shares outstanding) 180,000 Dividend revenue 17,600 Inventory 121,000 Unearned revenue 4.500 and Ann 180.000 Common shares (18.000 common shares outstanding Dividend revenue 17.800 121.000 Inventory Unearned revenue Land 4,500 400.000 17.500 Interest expense Administrative experies 160.000 200.000 Notes payable maturity 2026) Accounts payable 61.000 1640.000 Gainon disposal o discontinued operations before tad 53,000 Depreciation expense Loss on disposal of equipment before tid 14.000 Ivanhoe Corporation is soject to 325% income tax rate Prepare a mente income statement in good former la Corporation Learning per art information is not required Prepare a multiple-step income statement in good form for Ivanhoe Corporation (earnings per share information is not required) Ivanhoe Corporation Income Statement I V -/1 C > C. > > >