Brief Exercise 4-1 Sarasota Co. had sales revenue of $556,000 in 2017. Other items recorded during the year were: Cost of goods sold Salaries and wages expense Income tax expense Increase in value of company reputation Other operating expenses Unrealized gain on value of patents $322,700 123,800 26,230 16,410 12,660 22,760 Prepare a single-step income statement for Sarasota for 2017. Sarasota has 109,700 shares of stock outstanding. e.g. 1.48.)