Please help me do part B

Presented below are selected ledger accounts of Sheridan Corporation as of December $31,2025.$

Effective tax rate $20\%$

$($a$)$

Your answer is correct.

Compute net income for $2025.$

Net income $

eTextbook and Media

Attempts: $3$ of $5$ used

$($b$)$

Prepare a partial income statement beginning with income from continuing operations before income tax, and include

appropriate earnings per share information. Assume $10,000$ shares of common stock were outstanding during $2025.($Round

earnings per share to $2$ decimal places, e$.$g$.1\mathrm{.}58.)$

SHERIDAN CORPORATION

Income Statement