XYZ Company Year ended December 31, ($ thousands) 2019 2018 5,400 6,200 260 280 Cost of sales $ Financial income/expenses), net Gains from discontinued operations, net of tax Gains on sales of PPE & investments 1,800 6,000 1,000 Income tax expense 390 400 Net sales 11,200 16,000 500 480 Research and development Selling, general and administrative expenses 4,500 3,600 Provided the above accounts related to XYZ Company, kindly: 1- Prepare a classified Income statement. You can use the template provided below. 2- Assume XYZ Company has the following: - 1,000,000 shares of common stock outstanding at the beginning of 2019 and 200,000 shares are issued on June 1, 2019. -80,000 shares of convertible preferred stock outstanding - No other potentially dilutive securities Each share of preferred pays a dividend of 10$ per share, and each is convertible into 5 shares of the company's common stock. Calculate the company's basic and diluted EPS for 2019 (show all calculations). 3- Compute the percentage of change of every account and balance (including the totals and subtotals) between years 2018 and 2019. Analyze the major changes and explain what could cause such changes (use 10% as a threshold). XYZ Company Year ended December 31, 2019 2018 ($ thousands) Gross profit Operating income Income before taxes Net income from continuing operations Net income