Blossom Corporation is subject to a 25% income tax rate. Prepare a multiple-step income statement in good form for Blossom Corporation (earnings per share information is not required). ( The following information is taken from the accounting records of Blossom Corporation, a Canadian public company, for the year enderl Meremher 31 ) Other Revenue and Gains Dividend Revenue 17700 Ending Balance, December 31 Interest Expense 20000 Loss on Disposal of Equipment Total Other Expenses and Losses Income from Continuing Operations before Income Tax Income Tax Expense Income from Continuing Operations Discontinued Operations Loss on Operation of Discontinued Operations (Net of Tax) V Gain on Disposal of Discontinued Operations (Net of Tax) Net Income / (Loss) $
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