Windsor Inc. provided the following information for the year 2020. Retained eamings, January 1, 2020 Administrative...

 

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Windsor Inc. provided the following information for the year 2020. Retained eamings, January 1, 2020 Administrative expenses Selling expenses Sales revenue Cash dividends declared Cost of goods sold Loss on discontinued operations Rent revenue Unrealized holding gain on avalable-for-sale debt securities Income tax applicable to continuing operations Income tax benefit applicable to loss on discontinued operations Income tax applicable to unrealized holding gain on available-for-sale debt securities $564,000 225,600 282,000 1,786,000 75,200 799,000 103,400 96,538 15,980 175,780 56,870 1,880 Prepare a single-step income statement for 2020. Shares outstanding during 2020 were 100,000. (Round earnings per share to 2 decimal Windsor Inc. provided the following information for the year 2020. Retained eamings, January 1, 2020 Administrative expenses Selling expenses Sales revenue Cash dividends declared Cost of goods sold Loss on discontinued operations Rent revenue Unrealized holding gain on avalable-for-sale debt securities Income tax applicable to continuing operations Income tax benefit applicable to loss on discontinued operations Income tax applicable to unrealized holding gain on available-for-sale debt securities $564,000 225,600 282,000 1,786,000 75,200 799,000 103,400 96,538 15,980 175,780 56,870 1,880 Prepare a single-step income statement for 2020. Shares outstanding during 2020 were 100,000. (Round earnings per share to 2 decimal