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Jackonville Window Co. reports the following for 2015: Retained earnings, January 1 $ 335,200 Selling expenses $ 290,200 Sales Revenue $ 1,420,000 Interest Expense $

Jackonville Window Co. reports the following for 2015:

Retained earnings, January 1 $ 335,200

Selling expenses $ 290,200

Sales Revenue $ 1,420,000

Interest Expense $ 14,100

General and administrative expenses $ 224,800

Cost of Goods Sold $ 772,000

Dividends declared this year $ 40,000

The tax rate for all items 40%

Average shares of common stock outstanding during the year 30,000

Prepare a multiple-step income statement, including earnings per share data and a statement of retained earnings for Jacksonville.

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