The following information was taken from the records of Swifty Inc. for the year 2017: Income tax applicable to income from continuing operations $183,022; income tax applicable to loss on discontinued operations $28,934, and unrealized holding gain on available-for-sale securities (net of tax) $24,700 Gain on sale of equipment Loss on discontinued operations Administrative expenses Rent revenue Loss on write-down of inventory $97,900 85,100 242,900 49,900 69,100 Cash dividends declared Retained earnings January 1, 2017 Cost of goods sold Selling expenses Sales Revenue $163,300 580,500 915,700 284,400 1,902,600 Shares outstanding during 2017 were 104,100 (a) Prepare a multiple-step income statement. (Round earnings per share to 2 decimal places, e.g. 1.48.)