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The following information is available for Pronghorn Corp. for the year ended December 31, 2017: Other revenues and gains $12,500 Sales revenue $648,000 Other expenses

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The following information is available for Pronghorn Corp. for the year ended December 31, 2017: Other revenues and gains $12,500 Sales revenue $648,000 Other expenses and losses 15,300 Operating expenses 197,700 Cost of goods sold 163,900 Sales returns and allowances 40,000 Other comprehensive income 5,300 Prepare a multiple-step income statement for Pronghorn Corp. and comprehensive income statement. The company has a tax rate of 30%. This rate also applies to the other comprehensive income. (Enter negative amounts using either a negative sign preceding the number eg 45 or parentheses es. (451) PRONGHORN CORP Income Statement For the Month Erided December 31, 2017 0

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