The following information was drawn from the annual report of Symphony Harp Builders (SHB). By definition, Infrequent items are not likely to recur in the future. Required a-1. Compute the percentage of growth in net income from Year 1 to Year 2. a-2. Can stockholders expect a similar increase between Year 2 and Year 3? c. Assuming that SHB experiences the same percentage of growth from Year 2 to Year 3 as it did from Year 1 to Year 2, determine the amount of income from continuing operations that the owners can expect to see on the Year 3 income statement. d. During Year 3, SHB experienced a $61,000 loss due to storm damage (note that this would be shown as an infrequent item on the income statement). Liabilities and common stock were unchanged from Year 2 to Year 3. Use the information you computed in Requirement c, plus the additional information provided in the previous two sentences, to prepare an income statement and balance sheet as of December 31, Year 3