CALCULATOR PRINTER VERSION 4 BACK NEXT Testbank Problem 117 Carla Vista Corporation's capital structure consists of 50,000 shares of common stock. At December 31, 2020 an analysis of the accounts and discussions with company officials revealed the following information: Sales revenue Discontinued operations loss (net of tax) Selling expenses Cash Accounts receivable no Common stock Cost of goods sold Accumulated depreciation-machinery Dividend revenue Unearned service revenue ng Interest payable Land . Patents Retained earnings, January 1, 2020 Interest expense WIL Administrative expenses Dividends declared Allowance for doubtful accounts Mate Notes payable (maturity 7/1/23) $1,237,000 62,300 127,400 60,800 91,800 200,000 698,600 181,600 8,100 2.10 4,600 2,100 363,000 107,000 266,370 15,400 169,600 27,200 4,500 184,000 114 000 454,000 41,000 59,600 Machinery Materials Accounts payable The amount of income taxes was $70,230, excluding the tax effect of the discontinued operations lass which amounted to $26,700. CALCULATOR PRINTER VERSION 4 BACK NEXT Prepare a multiple-step income statement. Carla Vista Corporation INCOME STATEMENT CALCULATOR PRINTER VERSION 4 BACK NEXT sL Per Share of Common Stock sh s! Prepare a retained earnings statement. (List items that increase retained earnings first.) Carla Vista Corporation RETAINED EARNINGS STATEMENT CALCULATOR PRINTER VERSION 4 BACK NEXT Per Share of Common Stock s s Prepare a retained earnings statement. (List items that increase retained earnings first.) Carla Vista Corporation RETAINED EARNINGS STATEMENT s Click you would like to Show Work for this question: Open Show Work Question Attempts: 0 of 1 used SAVE FOR LATER