1. Below is a partial adjusted trial balance for Cooper, Inc. at December 31, 2014. Cooper. Inc. - December 31, 2014 Debit Credit 700,000 Sales revenue Interest revenue Gain on sale of investments Cost of goods sold Selling expenses Restructuring costs Interest expense General and administrative expense 60,000 110,000 500,000 150,000 40,000 30,000 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