The following are selected ledger accounts of Culver Corporation at December 31, 2017.

Cash		$186,310		Salaries and wages expense (sales)		$285,310
Inventory		536,310		Salaries and wages expense (office)		347,310
Sales revenue		4,276,310		Purchase returns		16,310
Unearned sales revenue		118,310		Sales returns and allowances		80,310
Purchases		2,787,310		Freight-in		73,310
Sales discounts		35,310		Accounts receivable		143,810
Purchase discounts		28,310		Sales commissions		84,310
Selling expenses		70,310		Telephone and Internet expense (sales)		18,310
Accounting and legal services		34,310		Utilities expense (office)		33,310
Insurance expense (office)		25,310		Miscellaneous office expenses		9,310
Advertising expense		55,310		Rent revenue		241,310
Delivery expense		94,310		Casualty loss (before tax)		71,310
Depreciation expense (office equipment)		49,310		Interest expense		177,310
Depreciation expense (sales equipment)		37,310		Common stock ($10 par)		901,310

Culvers effective tax rate on all items is 34%. A physical inventory indicates that the ending inventory is $687,310.

-Determine Net Sales (Write a formula with the accounts you used):

-Determine COGS (Write a formula with the accounts you used):

- Determine total selling expenses (Write a formula with the accounts you used):

-Determine total administrative expenses (Write a formula with the accounts you used):

-Determine Income tax expense (Write a formula with the accounts you used):

- Determine EPS (Write a formula with the accounts you used):

-Prepare a condensed 2017 income statement for Culver Corporation (Multiple Step).

***PLEASE ADD THE PROCEDURE FOR EVERY QUESTION!!!