Concord Corporation had net sales of $2,422,100 and interest revenue of $40,200 during 2017. Expenses for 2017 were cost of goods sold $1,453,500, administrative expenses $220,100, selling expenses $291,900, and interest expense $53,400. Concord's tax rate is 30%. The corporation had 100,200 shares of common stock authorized and 71,770 shares issued and outstanding during 2017. Prepare a condensed multiple-step income statement for Concord Corporation. (Round earnings per share to 2 decimal places, e.g. 1.48.) CONCORD CORPORATION Income Statement