III Question 1 of 5 -/1 Sunland Corporation had net sales of $2,425,800 and interest revenue of $38,200 during 2020. Expenses for 2020 were cost of goods sold $1.458,200, administrative expenses $212,600, selling expenses $282,100, and interest expense $46,400. Sunland's tax rate is 30%. The corporation had 109,600 shares of common stock authorized and 70.210 shares issued and outstanding during 2020. Prepare a single-step income statement for the year ended December 31, 2020. (Round earnings per share to 2 decimal places, eg. 1.48) SUNLAND CORPORATION Income Statement $ $ $