6,480 96,500 7,580 1,860 Income tax Prepare an income statement for the year 2015. Ordinary shares outstanding for 2015 total 40,550 (n 4E4-6 Income Statement Items) The following balances were taken from the books of Pamevik Corp. on 4 December 31, 2015 Interest revenue 28,000 155,000 194,000 170,000 100,000 86,000 51,000 Sales revenue 280,000 Selling 150,000 20,000 nts Sales retums and for 7,000 45,000 100,000 200,000 140,000 621,000 40,000 Accrued liabilities Interest expense Notes payable Loss from impairment of plant assets Share capital-ordinary Retained earnings 60,000 100,000 21,000 Cost of goods sold Accumulated depreciation-equipment Assume the total effective tax rate on all items is 34%. an income statement; 100,000 ordinary shares were outstanding during the year