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3. Sidthekid Corp. had the following balances in 20201 Net Sales Cost of Goods Sold Operating Expenses Special Revenues/Gains Special Expenses/Losses Preferred Stock Dividend
3. Sidthekid Corp. had the following balances in 20201 Net Sales Cost of Goods Sold Operating Expenses Special Revenues/Gains Special Expenses/Losses Preferred Stock Dividend ns income Tax Common Stock 100,000 Shares Outstanding $650,000 340,000 153,000 48,000 51,000 32,000 Required: 1, Prepare the 2020 Income Statement for this corporation. 2. Compute the earnings per share for the corporation based on the income calculated for 2020.
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