The Riedl Corporation has the following information available on December 31, 2010. The tax rate is 30 percent. Show how this information is presented to external users in a multistep format.

Interest expense ………………………….............………….. $ 3,000

Sales salaries …………………………...............…………….. 120,000

Rental revenue ………………………………................……….. 8,000

Accounts receivable ………………………............……….. 101,000

Administrative salaries ………………………..........…….. 100,000

Sales ……………………………………………...................… 1,500,000

Depreciation (40% selling, 60% administrative) …… 30,000

Dividends paid ……………………………….................…….. 48,000

Cost of goods sold ………………………..............……….. 850,000

Sales returns and allowances …………….......…………. 15,000

Loss due to meteor damage ………………........……….. 70,000

Loss on sale of equipment …………………..........……… 79,000