Prepare a partial income statement beginning with income from continuing operations before income tax, and including appropriate earnings per share information

Prepare a partial income statement beginning with income from continuing operations before income tax, and including appropriate earnings per share information. Assume 18,700 shares of common stock were outstanding during 2017.CALCULATORPRINTER VERSION BACK ASSIGNMENT RESOURCES Exercise 4-8 Presented below are selected ledger accounts of Teal Corporation as of December 31, 2017 Cash HW3 Exercise 4-6 $63,600 109,900 83,970 557,000 266,900 20,830 16,900 40,500 37,500 93,570 Selling expenses Net sales Cost of goods sold Review Results by Study Cash dividends declared (2017) Objective Cash dividends paid (2017) Discontinued operations (loss before income taxes) Depreciation expense, not recorded in 2016 Retained earnings, December 31, 2016 Effective tax rate 30% Compute net income for 2017 Net income s Prepare a partial income statement beginning with income from continuing operations before income tax, and including appropriate earnings per share information. Assume 18,700 shares of common stock were outstanding during 2017 (Round earnings per share to 2 decimal places, e.g. 1.58. TEAL CORPORATION