CALCULATOR PRINTER VE Do It! Review 5-4 Your answer is partially correct. Try again. The following information is available for Blue Spruce Corp. for the year ended December 31, 2017: Other revenues and gains $11,700 Sales revenue Other expenses and losses 14,100 Operating expenses Cost of goods sold Other comprehensive income 5,000 $597,700 252,700 169,400 Sales returns and allowances 40,000 Prepare a multiple-step income statement for Blue Spruce Corp and compr comprehensive income. ehensive income statement. The company has a tax rate of 30%. This rate also applies to BLUE SPRUCE CORP Income Statement For the Year Ended December 31, 2017 Sales 597,700 Sales Revenue 40,000 LessSales Returns and Allowances 557,700 Net Sales 169, Cost of Goods Sold