I don't understand what I am needing to do.

iew Policies Current Attempt in Progress In 2022, Oriole Corporation had net sales of $593,000 and cost of goods sold of $358,000. Operating expenses were $152,000, and interest expense was $8,000. The corporation's tax rate is 20%. The corporation declared preferred dividends of $14,500 in 2022, and its average common stockholders' equity during the year was $150,000. (a) Prepare an income statement for Oriole Corporation. ORIOLE CORPORATION Income Statement December 31, 2022 ORIOLE CORPORATION Income Statement December 31, 2022 $ > e Textbook and Media Save for Later (b) Compute Oriole Corporation's return on common stockholders' equity for 2022. (Round answer to 1 decimal place ag 10.5%) Return on common stockholders' equity e Textbook and Media Save for Later Attempts: 0 of 5 used Submit Answer Te to search o i 73F Clear