Prepare a partial income statement beginning with income from continuing operations before income tax, and including Presented below are selected ledger accounts of Tamarisk Corporation as of December $31,2025.$

Effective tax rate $=20\%$

$($a$)$

Your answer is correct.

Compute net income for $2025.$

Net income $ Presented below are selected ledger accounts of Tamarisk Corporation as of December $31,2025.$

Effective tax rate $=20\%$

$($a$)$

Your answer is correct.

Compute net income for $2025.$

Net income $ Prepare a partial income statement beginning with income from continuing operations before income tax, and including

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$.1\mathrm{.}58.$ Enter loss using $-$ sign before the number or in parantheses, e$.$g$.-5,125$ or $(5,125).)$

TAMARISK CORPORATION

Income Statement

For the Year Ended December $31,2025$

Income from Continuing Operations before Income Tax

$$$

$$

Income from Continuing Operations

Loss from Discontinued Operations

$

Earnings per Share

:

Income from Continuing Operations

$

Loss from Discontinued Operations

$

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$.1\mathrm{.}58.$ Enter loss using $-$ sign before the number or in parantheses, e$.$g$.-5,125$ or $(5,125).)$

TAMARISK CORPORATION

Income Statement

For the Year Ended December $31,2025$

Income from Continuing Operations before Income Tax

$$$

$$

Income from Continuing Operations

Loss from Discontinued Operations

$

Earnings per Share

:

Income from Continuing Operations

$

Loss from Discontinued Operations

$