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Business, 20.09.2019 22:20 aprilreneeclaroxob0c

Sunland corporation had net sales of $2,425,800 and interest revenue of $38,200 during 2020. expenses for 2020 were cost of goods sold $1,458,200, administrative expenses $212,600, selling expenses $282,100, and interest expense $46,400. sunland’s tax rate is 30%. the corporation had 109,600 shares of common stock authorized and 70,210 shares issued and outstanding during 2020. prepare a single-step income statement for the year ended december 31, 2020. (round earnings per share to 2 decimal places, e. g. 1.48.)

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Sunland corporation had net sales of $2,425,800 and interest revenue of $38,200 during 2020. expense...
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