In 2001, puerto rico enacted a law that requires specific labels on cement sold in puerto rico and imposes fines for any violations of these requirements. the law prohibits the sale or distribution of cement manufactured outside puerto rico that does not carry a required label warning that the cement may not be used in government-financed construction projects. antilles cement corp., a puerto rican firm that imports foreign cement, filed a complaint in federal court, claiming that this law violated the dormant commerce clause. (the dormant commerce clause doctrine applies not only to commerce among the states and u. s. territories, but also to international commerce.) did the 2001 puerto rican law violate the dormant commerce clause? why or why not?

Exercise 4-9presented below is information related to martinez corp. for the year 2017.net sales $1,399,500 write-off of inventory due to obsolescence $80,440cost of goods sold 788,200 depreciation expense omitted by accident in 2016 43,600selling expenses 65,800 casualty loss 53,900administrative expenses 53,500 cash dividends declared 43,300dividend revenue 22,100 retained earnings at december 31, 2016 1,042,400interest revenue 7,420 effective tax rate of 34% on all items exercise 4-9 presented below is information relateexercise 4-9 presented below is information relate prepare a multiple-step income statement for 2017. assume that 61,500 shares of common stock are outstanding. (round earnings per share to 2 decimal places, e. g. 1.49.)prepare a separate retained earnings statement for 2017. (list items that increase retained earnings first.)