Blossom, Inc. has the following data for the year ended December 31, 2025: Net sales Loss...

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Blossom, Inc. has the following data for the year ended December 31, 2025: Net sales Loss on discontinued operations Cost of goods sold Interest expense Selling expenses Administrative expenses $274,200 22,100 166,100 6,000 17,700 35.720 The company has average shares of capital stock outstanding of 10,000 for the year and a tax rate of 20% on all items. Prepare a multiple-step income statement for Blossom, Inc. for the year ended December 31, 2025. (Round earnings per share answers to 2 decimal places, e.g. 5.25.) < > Blossom Inc. Income Statement $ $ Blossom, Inc. has the following data for the year ended December 31, 2025: Net sales Loss on discontinued operations Cost of goods sold Interest expense Selling expenses Administrative expenses $274,200 22,100 166,100 6,000 17,700 35.720 The company has average shares of capital stock outstanding of 10,000 for the year and a tax rate of 20% on all items. Prepare a multiple-step income statement for Blossom, Inc. for the year ended December 31, 2025. (Round earnings per share answers to 2 decimal places, e.g. 5.25.) < > Blossom Inc. Income Statement $ $

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Income statement For the year ended December 312020 Net Sale... View the full answer