1. Below is a partial adjusted trial balance for Cooper, Inc. at December 31, 2014. Coo er, Inc. December 31, 2014 Debit Credit _ 60,000 _ 110,000 Cost of oods sold 500,000 _ 150,000 _ Restructuring costs 40,000 Interest expense 30,000 General and administrative expense 60,000 Cooper owns 90% of the shares of SubCo. SubCo reported net income of $50,000 in 2014, so Cooper's income attributable to noncontrolling interests is $5,000. Cooper had 50,000 shares of stock outstanding throughout the year. Income tax expense has not yet been accrued. The effective tax rate is 40%. Required: Prepare a multiple-step income statement for Cooper, Inc. for the year ended December 31, 2014. Include necessary earnings per share disclosures. You may prepare it on a separate page if needed