Waterway Corporation had net sales of $2,412,400and interest revenue of $36,500during 2020. Expenses for 2020 were cost of goods sold $1,467,400, administrative expenses $215,800, selling expenses $280,100, and interest expense $48,200. Waterway's tax rate is30%. The corporation had103,900shares of common stock authorized and72,220shares issued and outstanding during 2020. a single-step income statement for the year ended December 31, 2020.(Round earnings per share to 2 decimal places, e.g. 1.48.)

WATERWAY CORPORATION

Income Statement

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December 31, 2020

For the Year Ended December 31, 2020

For the Quarter Ended December 31, 2020

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Dividends

Earnings Per Share

Expenses

Net Income / (Loss)

Retained Earnings, January 1

Retained Earnings, December 31

Revenues

Total Expenses

Total Revenues

Net Sales

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Dividends

Earnings Per Share

Expenses

Net Income / (Loss)

Retained Earnings, January 1

Retained Earnings, December 31

Revenues

Total Expenses

Total Revenues

Net Sales

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Dividends

Earnings Per Share

Expenses

Net Income / (Loss)

Retained Earnings, January 1

Retained Earnings, December 31

Revenues

Total Expenses

Total Revenues

Net Sales

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Dividends

Earnings Per Share

Expenses

Net Income / (Loss)

Retained Earnings, January 1

Retained Earnings, December 31

Revenues

Total Expenses

Total Revenues

Net Sales

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Dividends

Earnings Per Share

Expenses

Net Income / (Loss)

Retained Earnings, January 1

Retained Earnings, December 31

Revenues

Total Expenses

Total Revenues

Net Sales

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Dividends

Earnings Per Share

Expenses

Net Income / (Loss)

Retained Earnings, January 1

Retained Earnings, December 31

Revenues

Total Expenses

Total Revenues

Net Sales

$enter a dollar amount rounded to 2 decimal places