Sweet Corporation had net sales of $2,429,800and interest revenue of $40,500during 2017.

Expenses for 2017 were cost of goods sold $1,452,600,

administrative expenses $221,700,

selling expenses $289,000, and

interest expense $49,900.

Sweet's tax rate is30%. The corporation had100,300shares of common stock authorized and70,420shares issued and outstanding during 2017. Multiple-step income statement for Sweet Corporation.