1.Presented below is information related toWaterwayCorp. for the year 2020.

Net sales$1,508,000Write-off of inventory due to obsolescence$92,800Cost of goods sold904,800Depreciation expense omitted by accident in 201963,800Selling expenses75,400Casualty loss58,000Administrative expenses55,680Cash dividends declared52,200Dividend revenue23,200Retained earnings at December 31, 20191,136,800Interest revenue8,120Effective tax rate of20% on all items

draft a multiple-step income statement for 2020. Assume that70,528shares of common stock are outstanding for the entire year.(Round earnings per share to 2 decimal places, e.g. 1.49.)

2.At December 31, 2019,BonitaCorporation had the following stock outstanding.

10% cumulative preferred stock, $100par,108,683shares$10,868,300Common stock, $5par,4,020,360shares20,101,800

During 2020,Bonitadid not issue any additional common stock. The following also occurred during 2020.

Income from continuing operations before taxes$24,842,300Discontinued operations (loss before taxes)$3,478,000Preferred dividends declared$1,086,830Common dividends declared$1,995,600Effective tax rate35%

Compute earnings per share data as it should appear in the 2020 income statement ofBonitaCorporation.(Round answers to 2 decimal places, e.g. 1.48.)

3.MetlockCorporation reported the following for 2020: net sales $1,236,500, cost of goods sold $729,000, selling and administrative expenses $329,900, and an unrealized holding gain on available-for-sale debt securities $20,700. draft a statement of comprehensive income using the one statement format. (Ignore income taxes and earnings per share.)

4.MarigoldCorporation reported the following for 2020: net sales $1,231,600, cost of goods sold $721,400, selling and administrative expenses $329,500, and an unrealized holding gain on available-for-sale debt securities $24,500.

5.ConcordCo. reports the following information for 2020: sales revenue $752,600, cost of goods sold $502,200, operating expenses $81,200, and an unrealized holding loss on available-for-sale debt securities for 2020 of $54,300. It declared and paid a cash dividend of $12,620in 2020.

ConcordCo. has January 1, 2020, balances in common stock $354,900; accumulated other comprehensive income $81,300; and retained earnings $95,120. It issued no stock during 2020. (Ignore income taxes.)

make a statement of stockholders' equity.