From the following partial data, prepare an income statement showing departmental income before tax along with net income for Pauls Corporation for the year ended

From the following partial data, prepare an income statement showing departmental income before tax along with net income for Paul’s Corporation for the year ended December 31, 201X:

Net Sales, TVs .............$86,400

Net Sales, Washers ............ 21,600

Cost of Goods Sold, TVs ........ 39,000

Cost of Goods Sold, Washers ....... 18,000

Income tax rate, 20%

TV Dept., 9,000 square feet

Washers, 3,000 squarefeet

Basis of Allocation Sales Salary Expense Building Expense Delivery Expense Depreciation Expense 55,100 Net Sales 3,800 Square footage 1,800 Net sales 800 Square footage