Please help me answer question in the image. Show all images Show all images Show all images done loading Financial Statements Task 1 - Corporation

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Financial Statements Task 1 - Corporation Income Statement Use the following information and the Template provided to prepare the Income Statement for ABC Corporation for the fiscal gear ended December 31st, 20-3 Be sure to include all relevant descriptions and calculations as well as Earnings Per Share calculations. Cost of Goods Sold Expenses Expropriation of Property Loss: Operations Chemical Division Loss: Disposal of Chemical Division Sales Additional Information: $600,000.00 240,000.00 49,000.00 140,000 70,000 ABC Corporation disposed of their chemical division during the fiscal period ending December 31st 20-3. ABC Corporation had land expropriated bg the provincial government during the fiscal period. ABC Corporation had 100,000 outstanding common shares at the beginning of the gear and issued a further 50,000.00 shares on September 1st, 20-3.