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AA education.wiley.com VileyPLUS (new) Question 2 of 5 > -1 10 View Policies Current Attempt in Progress Blue Corporation had net sales of $ 2,401,600

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AA education.wiley.com VileyPLUS (new) Question 2 of 5 > -1 10 View Policies Current Attempt in Progress Blue Corporation had net sales of $ 2,401,600 and interest revenue of $ 36,800 during 2020. Expenses for 2020 were cost of goods sold $ 1,458,600, administrative expenses $ 214,300, selling expenses $ 280,600, and interest expense $ 53,100. Blue's tax rate is 30%. The corporation had 103,100 shares of common stock authorized and 75,000 shares issued and outstanding during 2020. Prepare a condensed multiple-step income statement for Blue Corporation. (Round earnings per share to 2 decimal places, e.g. 1.48. BLUE CORPORATION income Statement a LA A K N 5 8 O O Q W F R U O P

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