please solve correct answer

selected information about income statement accounts for the Reed Company is presented below (the company's fiscal year ends on Decembor 3): On July 1, 2021, the company adopted a plan to discontinue a division that qualifles as a component of an entity as defined by GAAP. The assets of the component were sold on September 30,2021 , for $124,000 less than their book value. Rosults of operations for the component (included in the above account balances) were as follows: In addition to the account balonces above, several events occurred during 2021 that have not yet been reflected in the above accounts: 1. A fire caused $69,000 in uninsured damages to the main office bullding. The fire was considered to be an unusual event. 2. Inventory that had cost $59,000 had become obsolete because a competitor introduced a better product. The inventory was written down to its scrap value of $6,000. 3. Income taxes have not yet been recorded. Required: Prepare a multiple-step income statement for the Reed Company for 2021, showing 2020 information in comparative format, including income tawes computed at 25% and EPS disclosures assuming 700.000 shares of outstanding common stock. (Amounts to be deducted thould be indicated with a minus sign. Round EPS answers to 2 deeimal places.)