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Kingbird Corporation had net sales of $2,413,600 and interest revenue of $37,500 during 2025 . Expenses for 2025 were cost of goods sold $1,469,200, administrative

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Kingbird Corporation had net sales of $2,413,600 and interest revenue of $37,500 during 2025 . Expenses for 2025 were cost of goods sold $1,469,200, administrative expenses $221,600, selling expenses $294,200, and interest expense $54,800. Kingbird"s tax rate is 30%. The corporation had 107,700 shares of common stock authorized and 57,582 shares issued and outstanding during 2025

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