Income Statement For the Year Ended December 31, 2025 Net sales $446,200 Cost of goods sold...

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Income Statement For the Year Ended December 31, 2025 Net sales $446,200 Cost of goods sold 211,400 Gross profit 234,800 Expenses (including $16,400 interest and $28,500 income taxes) 76,100 Net income $158,700 Additional information: 1. Common stock outstanding January 1, 2025, was 29,400 shares, and 36,500 shares were outstanding at December 31, 2025. (Use a simple average for weighted-average.) 2. The market price of Ivanhoe stock was $13 on December 31, 2025. 3. Cash dividends of $24,300 were declared and paid. Compute the following measures for 2025. (Round Earnings per share to 2 decimal places, e.g. 1.83 and all other answers to 1 decimal place, e.g. 1.8 or 2.5%.) Income Statement For the Year Ended December 31, 2025 Net sales $446,200 Cost of goods sold 211,400 Gross profit 234,800 Expenses (including $16,400 interest and $28,500 income taxes) 76,100 Net income $158,700 Additional information: 1. Common stock outstanding January 1, 2025, was 29,400 shares, and 36,500 shares were outstanding at December 31, 2025. (Use a simple average for weighted-average.) 2. The market price of Ivanhoe stock was $13 on December 31, 2025. 3. Cash dividends of $24,300 were declared and paid. Compute the following measures for 2025. (Round Earnings per share to 2 decimal places, e.g. 1.83 and all other answers to 1 decimal place, e.g. 1.8 or 2.5%.)

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