Question: Please help ASAP!!!! Using the information below for ABC Company, prepare an income statement in good form for the year ended December 31. Weighted average

Please help ASAP!!!!

Using the information below for ABC Company, prepare an income statement in good form for the year ended December 31.

Weighted average common shares outstanding 2,000,000
Dividends declared on common stock $750,000
Cost of goods sold 4,000,000
Gain on sale of treasury stock 56,000
Loss on disposal of discontinued operations (net of income tax) 300,000
Prior period adjustment (net of income tax) 190,000
Selling expenses 1,050,000
Net sales 10,200,000
Income tax on continuing operations 612,000
Excess of issuance price over par value of common stock 710,000
General and administrative expenses 840,000
Loss from settlement of litigation 10,000
Operating loss on discontinued operations (net of income tax) 180,000

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