CALCULATOR MESSAGE MY INSTRUCTOR FULL SCREEN PRINTER VERSION BACK Question 1 The following information is available for Marin Inc. for the year ended December 31, 2017: Loss on discontinued operations $76,000 Retained earnings January 1, 2017 Rent revenue 88,000 Selling expenses Income tax applicable to continuing operations ,312,000 Income tax applicable to loss on discontinued operations Administrative expenses 519,000 Cost of goods sold Loss on write-down of inventory 37,000 Sales revenue Gain on sale of equipment 36,000 Cash dividends declared Unrealized gain on available-for-sale securities 21,000 Interest expense 200,000 shares were outstanding during all of 2017. $1,120,000 878,000 33,000 1,634,000 3,735,000 230,000 63,000 Prepare a multiple-step income statement. (Round earnings per share to 2 decimal places, e.g. 1.45.) Marin Inc. Income Statement For the Year Ended December 31, 2017 Sales Revenue v 3735000 Cost of Goods Sold 1634000 Gross Profit 2101000 Prepare a comprehensive income statement for 2017. MARIN INC. Comprehensive Income Statement For the Year Ended December 31, 2017 SHOW LIST OF ACCOUNTS Prepare a retained earnings statement for 2017. (List items that increase retained earnings first.) MARIN INC. Retained Earnings Statement For the Year Ended December 31, 2017 Retained Earnings, January 1 Add v