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Sunland Co. had sales revenue of $545,800 in 2020. Other items recorded during the year were: Cost of goods sold Salaries and wages expense Income

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Sunland Co. had sales revenue of $545,800 in 2020. Other items recorded during the year were: Cost of goods sold Salaries and wages expense Income tax expense Increase in value of company reputation Other operating expenses Unrealized gain on value of patents $321,400 128,500 26.140 15,820 13,350 21.090 Prepare a single-step income statement for Sunland for 2020. Sunland has 103,000 shares of stock outstanding. (Round share to 2 decimal places, eg. 1.48.) SUNLAND CO. Income Statement

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