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The following information is available for Monty Corp. for the year ended December 31, 2017: Other revenues and gains $11,900 Sales revenue $672,400 Other expenses

The following information is available for Monty Corp. for the year ended December 31, 2017:

Other revenues and gains $11,900 Sales revenue $672,400
Other expenses and losses 14,800 Operating expenses 200,700
Cost of goods sold 201,900 Sales returns and allowances 40,000
Other comprehensive income 5,800

Prepare a multiple-step income statement for Monty Corp and comprehensive income statement. The company has a tax rate of 30%. This rate also applies to the other comprehensive income.

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