Help please

Prepare a corrected income statement for the year ended December 31, 2015, using the format illustrated in Exhibit 12-2. Include at the bottom of your income statement all appropriate earnings-per-share figures. Assume that throughout the year the company had outstanding a weighted average of 180,000 shares of a single class of capital stock. Prepare a statement of retained earnings for 2015. (As originally reported, retained earnings at December 31, 2014. amounted to $2,175,000.) What does the $62,000 "gain on sale of treasury stock" represent? How would you report this item in Phoenix's financial statements at December 31, 2015