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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,

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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 rates 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, c-3. 1.48.) BLUE CORPORATION Income Statement For the Year Ended December 31, 2020 Net Sales Cout of Goods Sold Gross Profit Administrative Expenses Selin Experts Income From Operation Other Revenue dans Other Revenue and Gains Interest Reve Income Before Income Tauthor anri Mestia

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