Please only attempt if you can solve the question with a proper explanation. Please do not copy from Chegg.

(3) The following information is available for Vogt Corp. for the year ended December 31, 2014: Other revenues and gains $14,400 Sales revenue $671,700 Other expenses and losses 15,200 Operating expenses 194,400 Cost of goods sold 169,600 Sales returns and allowances 38,100 Prepare a multiple-step income statement for Vogt Corp. The company has a tax rate of 30%