Question: Conec board Content - Blackboard Learn Help Save Saved ises The trial balance for Lindor Corporation, a manufacturing company, for the year ended December 31,
Conec board Content - Blackboard Learn Help Save Saved ises The trial balance for Lindor Corporation, a manufacturing company, for the year ended December 31, 2021, included the following accounts Debits Credits 2,620,000 Account Title Sales revenue Cost of goods sold Selling and administrative expense Interest expense Gain on debt securities 1,550,000 435,000 55,000 95,000 The non debt securities is unrealized and classified as other comprehensive income. The trial balance does not include the accrual for income taxes. Lindor's income tax rate is 25%. There were 1,500,000 shares of common stock outstanding throughout 2021. Required: Prepare a single, continuous multiple-step statement of comprehensive Income for 2021, including appropriate EPS disclosures. (Round EPS answer to 2 decimal places.) LINDOR CORPORATION Statement of Comprehensive Income For the Year Ended December 31, 2021 Gross profit Operating expenses Operating income Other income (expense) Income before income taxes
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