Rox Corporation's Multiple Step income statement and retained earnings statement for the year and December 31, 2019, as developed by its bookkeeper, are shown here: Revenue Statement December 31, 2019 $ 179,000 3.200 17.500) 174,700 (19,000) 155,700 $ $ $ 4.100 Sales (net) Plus: Income from operations of discontinued Division P Less: Cash Dividends declared Net Revenues Less: Selling Expenses Gross Profit Less: Operating Expenses Interest expense Loss on the sale of Division P Cost of goods sold Income tax expense on income from continuing operations Total operating expenses Operating income Miscellaneous Items: Dividend revenue General and administrative expense Correction of error last year's income (net of taxes) Net Income 4,000 110,700 4380 (123,180) 32,520 $ 1.800 (24,300) 3,500 Retained Earnings Statement December 31, 2019 Beginning retained earnings Add: Net Income Adjusted retained earnings Less: Loss on sale of land Ending retained earnings 62.850 13.520 76,370 (4.800) 71570 5 You determine the balances listed are correct but are incorrectly classified in certain cases. The Company's tax rate is 30% and has not been applied correctly as shown. No preferred stock was issue The comany has 5.000 shares of common stock outstanding for all of 2019 Instructions: Drenare a corrected multiple step income statement for 2019 in good format including EPS 2 etamine the correct beginning balance of retamed earnings and then prepare a corrected a retained earnings statement