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Current Attempt in Progress Presented below is information related to Oriole Corp. for the year 2020. Net sales Cost of goods sold Selling expenses Administrative

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Current Attempt in Progress Presented below is information related to Oriole Corp. for the year 2020. Net sales Cost of goods sold Selling expenses Administrative expenses Dividend revenue Interest revenue $1,534,000 920,400 76.700 56,640 23,600 8,260 Write-off of inventory due to obsolescence Depreciation expense omitted by accident in 2019 Casualty loss Cash dividends declared Retained earnings at December 31, 2019 Effective tax rate of 20% on all items $94.400 64,900 59.000 53.100 1.156,400 Prepare a multiple-step income statement for 2020. Assume that 71,744 shares of common stock are outstanding for the entire year. (Round earnings per share to 2 decimal places, e.g. 1.49)

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