The following information was taken from the records of Grouper Inc. for the year 2017: Income tax applicable to income from continuing operations $227,902; income tax applicable to loss on discontinued operations $26,520, and unrealized holding gain on available-for-sale securities (net of tax) $17,600.

Gain on sale of equipment

$98,100Cash dividends declared$141,400Loss on discontinued operations78,000Retained earnings January 1, 2017613,300Administrative expenses245,700Cost of goods sold837,200Rent revenue42,600Selling expenses284,800Loss on write-down of inventory

61,800Sales Revenue1,959,100

Shares outstanding during 2017 were107,100.