Cullumber Corporation had net sales of $2,401,600 and interest revenue of $36,800 during 2017. Expenses for 2017 were cost of goods sold $1,458,600, administrative expenses $214,300, selling expenses $280,600, and interest expense $53,100. Cullumbers tax rate is 30%. The corporation had 103,100 shares of common stock authorized and 75,000 shares issued and outstanding during 2017. Prepare a condensed multiple-step income statement for Cullumber Corporation.