The following information was taken from the records of Cheyenne Inc. for the year 2017: Income tax applicable to income from continuing operations $177,616; income tax applicable to loss on discontinued operations $28,866, and unrealized holding gain on available-for-sale securities (net of tax) $22,100.

Gain on sale of equipment		$99,000		Cash dividends declared		$152,500
Loss on discontinued operations		84,900		Retained earnings January 1, 2017		554,900
Administrative expenses		244,000		Cost of goods sold		770,600
Rent revenue		49,300		Selling expenses		292,100
Loss on write-down of inventory		66,200		Sales Revenue		1,747,000

Shares outstanding during 2017 were 93,500.

Prepare a multiple-step income statement. (Round earnings per share to 2 decimal places, e.g. 1.48.) CHEYENNE INC. Income Statement For the Year Ended December 31, 2017 A .. Prepare a comprehensive income statement for 2017, using the two statement format. CHEYENNE INC. Comprehensive Income Statement A $ Prepare a retained earnings statement for 2017. (List items that increase retained earnings first.) CHEYENNE INC. Retained Earnings Statement Click if you would like to Show Work for this question: Open Show Work