Braiden Corporation is subject to a 40% income tax rate. During all of this year, stock- holders owned 20,000 shares of its $2 par value common stock. The corporation’s in- come statement information for this year and its balance sheet information at the end of this year are as follows:

Sales (net) $307,000 Net income

(a) Total stockholders’ equity 500,000 Operating expenses

(b) Additional paid-in capital 201,000 Income tax expense (c)
Common stock, $2 par value (d)
Pretax income from continuing operations (e)
Earnings per share 3.15 Total contributed capital (f)
Gross profit 143,000 Retained earnings (g)
Cost of goods sold 164,000 Required: Fill in the blanks lettered

(a) through (g). All the necessary information is listed. (Hint: It is not necessary to calculate your answers in alphabetical order.) TK-1