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Brief Exercise 4-3 Blossom Corporation had net sales of $2,409,000 and interest revenue of $35,100 during 2017. Expenses for 2017 were goods sold $1,452,700, administrative expenses $215,700, selling expenses $287,700, and interest expense $49,800. Bl tax rate is 30%. The corporation had 102,700 shares of common stock authorized and 70,560 shares issued and outstan 2017. Prepare a condensed multiple-step income statement for Blossom Corporation. (Round earnings per share to 2 places, e.g. 1.48.) Brief Exercise 4-3 Blossom Corporation had net sales of $2,409,000 and interest revenue of $35,100 during 2017. Expenses for 2017 were cost of goods sold $1,452,700, administrative expenses $215,700, selling expenses $287,700, and interest expense $49,800. Blossom's tax rate is 30%. The corporation had 102,700 shares of common stock authorized and 70,560 shares issued and outstanding during 2017. Prepare a condensed multiple-step income statement for Blossom Corporation. (Round earnings per share to 2 decimal places, e.g. 1.48.)