Bateman Company is preparing financial statements for the calendar year 2009. The following totals for each account have been verified as correct:
Office Supplies on Hand .................................................... $ 730
Insurance Expense ............................................................ 420
Gross Sales Revenue ......................................................... 18,000
Cost of Goods Sold .......................................................... 8,700
Sales Returns .................................................................. 800
Interest Expense .............................................................. 150
Accounts Payable ............................................................ 490
Accounts Receivable ......................................................... 610
Extraordinary Loss ........................................................... 1,980
Selling Expenses ............................................................. 860
Office Supplies Used ........................................................ 240
Cash ............................................................................ 750
Revenue from Investments .................................................. 430
Number of shares of capital stock .......................................... 200
Prepare an income statement. Assume a 35% income tax rate on both income from operations and extraordinary items. Include EPS numbers.