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Prepare a multi$-$step income statement $($using good form $)$ for the Christensen Corporation. Christensen Corporation had the following items on Dec. $31,2021,$ prior to closing entries $($note this is a partial list of all accounts in the adjusted trial balance$)$: Sales Revenues S$3,$S$00,000$ Cost of Goods Sold $\backslash$$$1,500,000$ Retained Earnings $700\mathrm{.}000$ Inventory $100\mathrm{.}000\mathrm{.}45\mathrm{.}000$ Allow for Doubtful Acct S $1,600$ DeprEquip $390,000$ Unearned Rent Revenue $5,000$ Accrued Wages Payable $25\mathrm{.}000$ Expenses $350,000$ Prepaid Rent $85,000$ Investm ents Loss on Sale of Land $3,000$ Selling Expenses $120,000$ Interest Expense $4,000$ The appropriate tax rate for all income statement items is $20\%$ for all items. $)$ You have discovered that for the years $2020,2021,$ Christensen Corporation's bookkeeper erroneously computed depreciation of a building $.$ The correct amount of depreciation expense was $$40,000$ per year but the bookkeeper recorded $ $50,000.$ Depreciation Expense is shown as part of Administrative Expenses $2)$ The company discontinued a business segment. The net loss during the year was $$80,000$ before taxes and the company disposed of assets with a book value of $$200,000$ and a fair value of $110,000.$ It does qualify for treatment as a discontinued operations $(3)$ The company had $1,000,000$ shares of stock outstanding during the year. Show EPS for all appropriate amounts

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