uestion 5 of 5 -/1 ew Policies urrent Attempt in Progress Presented below is information related to Bramble Corp. for the year 2020. Net sales Cost of goods sold Selling expenses Administrative expenses Dividend revenue Interest revenue $1,378,000 826,800 68,900 50,880 21,200 7.420 Write-off of inventory due to obsolescence Depreciation expense omitted by accident in 2019 Casualty loss Cash dividends declared Retained earnings at December 31, 2019 Effective tax rate of 20% on all items $84,800 58,300 53,000 47.700 1,038,800 Prepare a multiple-step income statement for 2020. Assume that 64,448 shares of common stock are outstanding for the entire year. (Round earnings per share to 2 decimal places, es 1.49.) BRAMBLE CORP. Income Statement $ E Question 5 of 5 > Prepare a multiple-step income statement for 2020. Assume that 64,448 shares of common stock are outstanding for the entire year. (Round earnings per share to 2 decimal places, es. 1.49.) BRAMBLE CORP. Income Statement $ CYBERPOWERPC - / 1 Question 5 of 5 Textbook and Media List of Accounts Predagstemet for 2020. stoms that increase adjusted retained earnings first) BRAMBLE CORP. Retained Earnings Statement SCYBERPOWERS