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The following information is available for Carla Vista Corporation for the year ended December 31, 2022: 5ales revenue $815,000, other revenues and gains $84,500, operating

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The following information is available for Carla Vista Corporation for the year ended December 31, 2022: 5ales revenue $815,000, other revenues and gains $84,500, operating expenses $110,000, cost of goods sold $466,000, other expenses and losses $33,000, and preferred stock dividends $23,075. The company's tax rate was 20%, and it had 65,000 common shares outstanding during the entire year. (a) Prepare a corporate income statement. (List other revenues before other expenses.) Gross Profit/(Loss) 349000 Operating Expenses 110000i239000 Other Expenses and Losses \begin{tabular}{|r|} \hline 33000 \\ \hline 290500 \\ \hline \end{tabular} \begin{tabular}{|lrr|} \hline Income Tax Expense & & 101675 \\ \hline Net Income / (Loss) & $188825 \\ \hline \end{tabular}

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