Brief Exercise 4-3 Sandhill Corporation had net sales of $2,415,800 and interest revenue of $32,900 during 2017. Expenses for 2017 were cost of goods sold $1,462,600, administrative expenses $217,900, selling expenses $295,800, and interest expense $53,400. Sandhill's tax rate is 30 %. The corporation had 105,800 shares of common stock authorized and 72,740 shares issued and outstanding during 2017. Prepare a condensed multiple-step income statement for Sand hill Corporation. (Round earnings per share to 2 decimal places, e.g. 1.48.) SANDHILL CORPORATION Income Statement $ $