Using the information provided in BE3.2, prepare a condensed multiple-step income statement for Brisky Corporation.

Data from BE3.2:

Brisky Corporation had net sales of $2,400,000 and interest revenue of $31,000 during 2025. Expenses for 2025 were cost of goods sold $1,450,000, administrative expenses $212,000, selling expenses $280,000, and interest expense $45,000. Brisky’s tax rate is 30%. The corporation had 100,000 shares of common stock authorized and 70,000 shares issued and outstanding during 2025. Prepare a single-step income statement for the year ended December 31, 2025.