Bateman Company is preparing financial statements for the calendar year 2009. The following totals..

Bateman Company is preparing financial statements for the calendar year 2009. The following totals for each account have been verified as correct: Office Supplies on Hand ……………………………………………. $ 730 Insurance Expense …………………………………………………… 420 Gross Sales Revenue ………………………………………………… 18,000 Cost of Goods Sold …………………………………………………. 8,700 Sales Returns ………………………………………………………… 800 Interest Expense …………………………………………………….. 150 Accounts Payable …………………………………………………… 490 Accounts Receivable ………………………………………………… 610 Extraordinary Loss ………………………………………………….. 1,980 Selling Expenses ……………………………………………………. 860 Office Supplies Used ……………………………………………….. 240 Cash …………………………………………………………………. 750 Revenue from Investments ………………………………………….. 430 Number of shares of capital stock …………………………………… 200 Prepare an income statement. Assume a 35% income tax rate on both income from operations and extraordi