Content Library Assesaments Communication Resources, of Contents Project Two .. Propect2 Fall 2017 Project2 Fall 2017 Question 1: Krupka, Inc. has the following data for the year ended December 31, 2017: Net sales . Discontinued operations loss Cost of goods sold. Interest expense Selling expenses Administrative expenses $270,000 20,000 165,000 3,000 15,000 35,000 ... Shares of capital stock outstanding, 10,000 Tax rate of 30% on all items Instructions Prepare a multiple-step income statement for Krupka Inc. for the year ended December 31, 2017 115 View as Text Send to Binder O Download -i Open mth doeReader