Cole's Cookie Company
Unadjusted Trial Balance (Selected Accounts)
For the Current Year Ended
Account	Debit	Credit
Common Stock (no par): Beginning Balance		$ 472,000
Retained Earnings: Beginning Balance		1,600,000
Accumulated Other Comprehensive Income: Beginning Balance	$ 55,000
Dividends	67,000
Sales		2,400,000
Interest Income		4,600
Dividend Income		3,800
Gain on Disposal of Plant Assets		92,000
Unrealized Gain on Trading Securities		31,000
Gain on Sale of Discontinued Operations-Before Tax		66,000
Unrealized Gain on Available-for-Sale Bonds-Before Tax		5,300
Cost of Goods Sold	610,000
Selling Expenses	41,000
Office Salaries Expense	75,000
Legal Fees-General	8,200
Sales Salaries Expense	33,000
Advertising Expense	35,000
Office Supplies Expense	72,000
Accounting Fees-Administrative	14,000
Amortization Expense-General	28,000
Depreciation Expense-General	35,000
Interest Expense	8,100
Loss on Asset Impairment	9,200

Above is the Year end trial balance

Cookie Company provided the following accounts from its? year-end trial balance.

The company is subject to a 45?% income tax rate.

Requirement

Prepare a? multiple-step income statement for the current year.