Current Attempt in Progress The following information is taken from the accounting records of Blossom Corporation. a Canadian public company, for the year ended December 31, 2023. Accounts receivable $87.500 Retained earnings, January 1, 2023 263.000 Loss on operation of discontinued operations (before tax) 102,000 Sales revenue 1,130,500 Cost of goods sold 730.500 Selling expenses 129.500 Cash 60.500 Common shares (19.000 common shares outstanding) 200,000 Dividend revenue 17.700 Inventory 125,000 Unearned revenue 4,200 Land 390,000 Interest expense 20,000 Administrative expenses 159.000 Notes payable (maturity 2029) 190,000 Accounts payable 57.000 Gain on disposal of discontinued operations (before tax) 162,000 Depreciation expense 47.000 Loss on disposal of equipment (before tax) 13,000 Blossom Corporation is subject to a 25% income tax rate. Prepare a multiple-step income statement in good form for Blossom Corporation (earnings per share information is not required). (List other revenues and gains before other expenses and losses.) Blossom Corporation Statement of Income $$