View Policies Current Attempt in Progress Blossom, Inc. has the following data for the year ended December 31, 2020: Net sales Loss on disposal of discontinued operation Cost of goods sold Interest expense Selling expenses Administrative expenses Shares of capital stock outstanding, 20,000 Tax rate of 30% on all items $270,100 23,600 165,500 3,500 15,300 36,920 Prepare a multiple step income statement for Blossom, Inc. for the year ended December 31, 2020. (Round earnings per share answers to 2 decimal places, 4.g. 5.25) Blossom Inc. Income Statement Year Ended December 31, 2020 Net Sales Cost of Goods Sold Gross Profit Operating Expenses Selling Expenses S Administrative Expenses Total Operating Expenses Income from Operations Other Expenses and Losses Interest Expense Total Operating Expenses Income from Operations Other Expenses and Losses Interest Expense $ Earnings per share