12

BTE Corporation's accounting records include the following items listed in no particular order, at December 31, 2018: !! (Click the icon to view the data.) The income tax rate for BTE Corporation is 50%. Prepare BTE's income statement for the year ended December 31, 2018. Omit earnings per share. Use the multi-step format BTE Corporation Income Statement Year Ended December 31, 2018 Income Before Income Taxes Net Income Choose from any list or enter any number in the input fields and then continue to the next question + Data Table $ Other Income and (Expenses) Net Sales Revenue Gain on Discontinued Operations (19,000) 194,800 13,600 Cost of Goods Sold Operating Expenses 75,000 59,000 b for Print Done Prepare BTEs income statement for the year ended December 31, 2018. Omit earnings per share. Use the mub-step format Prepare the income statement through the income before taxes, then complete the income statement through the net income. (Use parentheses or a minus sign to enter amounts for other Expenses) BTE Corporation Income Statement Year Ended December 31, 2018