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Round Table pizza has the following data for the year ended December 31, 2018:
Net Sales $270,000
Discontinued operations loss 20,000
Cost of goods sold 165,000
Interest expense 3,000
Selling expenses 15,000
Administrative expenses 35,000
Share of capital stock outstanding, 10,000
Tax rate of 30% on all items
Problem 1: What is the multi-step income statement for the year ended December 31, 2018? "Earnings Per Share" should be included.
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