Gala Fruit Corp's accounting records include the following items, listed in no particular order, at December 31, 2017:
Other gains (losses) .......................................... $(12,500)
Cost of goods sold ........................................... 35,000
Gain on discontinued operations ...................... 8,500
Accounts receivable ........................................ 9,500
Net sales revenue ............................................. $100,000
Operating expenses ........................................... 30,000
Income tax of 30 percent applies to all items. Prepare Gala Fruit Corp.'s multi-step income statement for the year ended December 31, 2017. Omit earnings per share.