In 2020, Splish Brothers Fort Corporation had net sales of $630,000 and cost of goods sold of $275,000. Operating expenses were $94,000, and interest expense was $7,700. The corporation's tax rate is 30%. The corporation declared preferred dividends of $6,500 in 2020, and its average common stockholders' equity during the year was $580,000. (a) Prepare an income statement for Splish Brothers Fort Corporation. SPLISH BROTHERS FORT CORPORATION Income Statement $ $