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Marigold Corporation had net sales of $2,423,800 and interest revenue of $36,500 during 2025. Expenses for 2025 were cost of goods sold $1,458,000, administrative expenses
Marigold Corporation had net sales of $2,423,800 and interest revenue of $36,500 during 2025. Expenses for 2025 were cost of goods sold $1,458,000, administrative expenses $217,800, selling expenses $291,500, and interest expense $48,800. Marigold's tax rate is 30%. The corporation had 108,300 shares of common stock authorized and 77,735 shares issued and outstanding during 2025. Prepare a condensed multiple-step income statement for Marigold Corporation. (Round earnings per share to 2 decimal places, e.g. 1.48.) Revenues Sales Revenue MARIGOLD CORPORATION Income Statement For the Year Ended December 31, 2025 LA
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