Question: This is all one question just has 3 steps. Steps A,B,and C. please answer all steps and I will Upvote! Following are accounts and balances,


Problem 4-65 Preparing an Income Statement, Balance Sheet, and a Subsequent Event Note Disclosure LO2, 3 MBC Following are accounts and balances, in random order, from the adjusted trial balance of Deck Corp. at December 31 . Debits equal credits, all amounts are correct, all accounts have normal balances, and a perpetual FIFO inventory system is used. Required a. Prepare a single-step income statement including the earnings per share disclosure. b. Prepare a classified balance sheet. c. Assume that between December 31 and issuance of the financial statements, a flood damaged the finished goods inventory in an amount estimated to be $20,000. This event has not been (and should not have been) recognized in the current year statements. However, disclosure in the current year's statements is required. Prepare the necessary disclosure
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