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Below is a partial adjusted trial balance for Cooper, Inc. at December 31, 2017. Cooper,...

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Accounting

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Below is a partial adjusted trial balance for Cooper, Inc. at December 31, 2017. Cooper, Inc. December 31, 2017 Debit Credit Sales revenue 700,000 60,000 110,000 Interest revenue Gain on sale of investments Cost of goods sold Selling expenses Restructuring costs Interest expense General and administrative expense 500,000 150,000 40,000 30,000 60,000 Cooper had 50,000 shares of stock outstanding throughout the year. Income tax expense has not yet been accrued. The effective tax rate is 30%. Required: Prepare a multiple-step income statement for Cooper, Inc. for the year ended December 31, 2017. Include necessary earnings per share disclosures. You may prepare it on a separate page if needed

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