The following information is available for Shamrock, Inc. for the year 2017.

Administrative expenseOfficers' salaries$10,800Depreciation of office furniture and equipment8,500Cost of goods sold121,460Rent revenue2,200Selling expenseDelivery expense5,800Sales commissions16,960Depreciation of sales equipment14,300Sales revenue205,000Income tax12,570Interest expense3,680

Common shares outstanding for 2017 total25,000(000 omitted).

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Prepare income statement for Shamrock Inc. for the year 2017 using the multiple-step form.

Prepare income statement for Shamrock Inc. for the year 2017 using the single-step form