Question: How do you do this? Plano Co. 12fsifzozi. Partial Trial Balance- nan Debits Credits Sales revenue T00,000 Interest revenue 60,000 Gain on sale of investments

How do you do this? Plano Co. 12fsifzozi. Partial Trial Balance-

How do you do this?

of investments 110,000 Cost of goods sold 500,000 Selling expense 150,000 Interest

Plano Co. 12fsifzozi. Partial Trial Balance- nan Debits Credits Sales revenue T00,000 Interest revenue 60,000 Gain on sale of investments 110,000 Cost of goods sold 500,000 Selling expense 150,000 Interest expense 40,000 General and administrative expenses 100,000 Plano had 50,000 shares of stock outstanding throughout the year. Income tax expense has not yet been accrued. The effective tax rate is 25%. Required: Prep-are a singlestep income statement with earnings per share disclosure. {Round EPS answer to 2 decimal places.)

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