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Blue Corporation had net sales of $2,409,100 and interest revenue of $37,800 during 2025. Expenses for 2025 were cost of goods sold $1,455,600, administrative expenses
Blue Corporation had net sales of $2,409,100 and interest revenue of $37,800 during 2025. Expenses for 2025 were cost of goods sold $1,455,600, administrative expenses $219,500, selling expenses $287,100, and interest expense $50,900. Blue's tax rate is 30% The corporation had 106,300 shares of common stock authorized and 101,220 shares issued and outstanding during 2025. Prepare a single-step income statement for the year ended December 31, 2025. (Round earnings per share to 2 decimal places, eg. 1.48) BLUE CORPORATION Income Statement > !!! -/2 E
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