CLASSIFIED INCOME STATEMENT WITH EARNINGS PER SHARE. ERS, Inc., maintains and repairs office equipment. The following income statement account balances are available for ERS at the end of 19x8: L-1

REQUIRED:
Prepare a classified income statement including earnings per share. Assume that ERS has 12,000 shares of capital stock outstanding.L-1

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Advertising expense Depreciation expense, service van Income taxes expense (28% of income before taxes) Interest expense Rent expense, building Rent expense, office equipment $ 24,200 17,500 ? 10,900 58,400 11,900 Salaries expense, administrative 202,100 Service revenue 928,800 Supplies expense, repair parts 66,400 Wages expense, service support staff 38,600 Wages expense, service technicians 448,300