Question: Problem ( 5 ( 4 0 ) points ) . Presented below is information for Donaldson Corp., for the year 2 0 2

Problem \(5(40\) points). Presented below is information for Donaldson Corp., for the year 2025:
(10) Federal tax rate of \(20\%\) on all items
Instructions
Prepare a multiple-step income statement for 2025, including earnings per share.
11)200,000 shares of common stock were outstanding during all of 2025.
Income statement
Problem \ ( 5 ( 4 0 \ ) points ) . Presented

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