Single-Step Income Statement Brandt Corporation had sales revenue of $400,000 for the current year for the year its cost of goods sold 5210,000 its operating expenses were $60,000, ma interest was $2,000, and its interest expense was $12,000. Brandt's income tax rate is 30% Prepare a single-step income statement for Brandt Corporation for the current year, BRANDT CORPORATION Income Statement For Year Ended December 31, Current Year Revenues Expenses