The following information was taken from the records of Mill Corporation for the year ended December 31, 2024: Sales revenue $1,400,000 Discontinued operations loss (gross) 90,000 Selling expenses $128,000 Cash $210,000 Accounts receivable $90,000 Common stock $200,000 Cost of goods sold $650,000 Accumulated depreciation-machinery $180,000 Dividend revenue $8,000 Unearned service revenue $4,400 Interest payable $1,000 Land $357,000 Patents $100,000 Retained earnings, January 1, 2024 $270,000 Interest expense $17,000 Administrative expenses $210,000 Common Stock dividends declared $37,000 Allowance for doubtful accounts $5,000 Notes payable (maturity 8/1/27) $200,000 Machinery $450,000 Materials inventory $40,000 Accounts payable $60,000 Darden Corporations effective tax rate on all items is 30% and its capital structure consists of 70,000 shares of common stock. - Please look at the multiple-step income and the retained earning statement in the screenshot to see if this correct. if not, please provide correct answer,

Mill Corporation Multiple Step Income Statement For Year Ending December 31, 2023 Revenue Sales Revenue Cost of Goods Sold Gross Profit \begin{tabular}{|r|} \hline$1,400,000 \\ $650,000 \\ \hline$750,000 \end{tabular} Operating Expense Selling Expense $$$128,000210,000 Total Operating expense Income from Operations $412,000$(338,000) Other Revenues and Gains: Dividend Revenue $8,000 Other Expenses and Losses: \begin{tabular}{l} \multicolumn{1}{c}{ Interest expense } \\ Total other expenses and losses \\ Total Income before tax \\ Income tax \\ Income from continuing operations \end{tabular} \begin{tabular}{|cc|} \hline$ & (17,000) \\ $ & 403,000 \\ $ & (120,900) \\ \hline$ & 282,100 \end{tabular} Discontinues operations: Discontinued operation loss (gross) - $90,000 $(63,000) Net Income Earning per common share Income from continuing operations Mill Corporation Retained Earnings Statement For Year Ending December 31, 2023 Retained Earnings, January 1, 2023 Add: Net Income \begin{tabular}{cc} & 270,000 \\ \hline$ & 219,100 \\ \hline$ & 489,100 \end{tabular} Less: Dividend Retained Earning, January 31, 2023 $489,100