The accounts of Consolidated Can contain the following amounts at December 31, 2012: Required Prepare a multiple-step

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The accounts of Consolidated Can contain the following amounts at December 31, 2012:

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Prepare a multiple-step income statement combined with a reconciliation of retained earnings for the year ended December 31, 2012.

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The accounts of Consolidated Can contain the following amounts at December 31, 2012: Required Prepare a multiple-step

Question:

Cost of products sold Dividends Extraordinary gain (net of tax) Income taxes Interest expense Other income Retained earnings, 1/1 Sales Selling and administrative expense $410,000 3,000 1,000 9,300 8,700 1,600 270,000 480,000 42,000

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