income statement

Tamarisk Corporation had net sales of $2,422,100 and interest revenue of $40,200 during 2020. Expenses for 2020 were cost of goods sold $ 1,453,500, administrative expenses $220,100, selling expenses $291,900, and interest expense $53,400. Tamarisk's tax rate is 30%. The corporation had 100,200 shares of common stock authorized and 71,770 shares issued and outstanding during 2020. Prepare a condensed multi ple- step income statement for Tamarisk Corporation. (Round earnings per share to 2 decimal places, mg. 1.48.] TAMARISK CORPORATION Income Statement _ II _..._ II '_r